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Bitcoin Fog mixer operator convicted for laundering $400 million

ID: 52d2559f-7c80-5d24-946d-9c576b0b10be

STIX ID: report--52d2559f-7c80-5d24-946d-9c576b0b10be

Feed Name: Bleeping Computer

Threat Score
60/100

Date Published: 2024-03-13

Date Updated: 2026-04-20

Author: Bill Toulas

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Roman Sterlingov was convicted for operating Bitcoin Fog, one of the longest-running darknet cryptocurrency mixers, which law enforcement traced as moving about 1.2 million BTC (approximately $400 million) tied to darknet marketplaces and a range of criminal activity; the report explains how mixers obfuscate fund origins, summarizes legal penalties, and references related enforcement actions against other crypto-mixing services.

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