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Image Credit: Bitcoinist

Crypto Mixer Jailed For 12.5 Years After $400M Money Laundering Conviction

  • The founder of a crypto mixing platform has been sentenced to 12.5 years in prison for money laundering.
  • Roman Sterlingov, founder of Bitcoin Fog, facilitated the laundering of $400 million in criminal proceeds.
  • The US government is cracking down on cryptocurrency platforms involved in illegal activities.
  • Sterlingov's sentence serves as a warning and aims to deter others from engaging in similar activities.

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