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Crypto mixer founder argues 30-year prison sentence is ‘unwarranted’

Crypto mixer founder argues 30-year prison sentence is ‘unwarranted’

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Source: Coin Telegraph

In March, a jury convicted Bitcoin Fog founder Roman Sterlingov of four counts related to money laundering through the operations of the crypto mixing service.

Lawyers representing Roman Sterlingov, the founder of cryptocurrency mixer Bitcoin Fog, have argued against a “lengthy” sentence following his conviction on money laundering charges.

In an Aug. 15 filing in the United States District Court for the District of Columbia, Sterlingov’s legal team did not seem to make a specific sentencing recommendation in response to prosecutors’ petition he should serve between 20 and 30 years in prison. Lawyers for the Bitcoin Fog founder claimed that the government’s recommendations were “unwarranted” based on sentencing in comparable cases.

In March, a jury convicted Sterlingov of money laundering, conspiracy to money launder, operating an unlicensed money transmitting business, and money transmission without a license in DC. Prosecutors alleged he operated the crypto mixer from 2011 to 2021, acting as a money laundering service for “criminals seeking to hide their illicit proceeds from law enforcement.”

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Author: Turner Wright