- Sterlingov Convicted Of Money Laundering
- Defense Arguments
- Charges Against Bitcoin Fog
Roman Sterlingov, the founder of crypto mixer Bitcoin Fog, is appealing against a potential 30-year prison sentence following his conviction on multiple money laundering charges.
Sterlingov Convicted Of Money Laundering
In March, Roman Sterlingov was convicted on charges of money laundering, conspiracy, operating an unlicensed money transmitting business, and transmitting money without a license in Washington, D.C. Prosecutors allege that between 2011 and 2021, he operated Bitcoin Fog, which was used to launder approximately $400 million in Bitcoin linked to various illicit activities, including drug trafficking, identity theft, and computer fraud. However, Sterlingov’s defense team disputes his level of involvement.
Defense Arguments
Sterlingov’s lawyers argue that such a lengthy sentence is excessive and inconsistent with comparable cases. They emphasize the lack of evidence, such as the Bitcoin Fog server, server logs, private keys, or ledger, which were not introduced in court. The defense also highlights Sterlingov’s personal history and commitment to family and friends as grounds for a reduced sentence.
Charges Against Bitcoin Fog
According to prosecutors, Bitcoin Fog was used to launder money related to illegal activities amounting to approximately $400 million. These crimes include drug trafficking, identity theft, and computer fraud. However, the defense claims that Sterlingov only facilitated Bitcoin Fog's activities rather than directly operating it. Judge Randolph Moss initially scheduled Sterlingov’s sentencing for August 21 but later decided to first hear arguments regarding the government’s forfeiture order.
The legal proceedings against Roman Sterlingov are ongoing, with his lawyers seeking to have his sentence reviewed based on the disproportionate punishment and lack of direct evidence.
