Bitcoin Fog Mixer Operator Convicted: What's Next?

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dan_satNewbie
Posts: 39 · Reputation: 35
#1Mar 15, 2024, 01:48 PM
So Roman Sterlingov got hit by the US DOJ, right? Max penalty is 20 years. Pretty wild considering Bitcoin Fog has been around since 2011.
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#2Mar 15, 2024, 02:42 PM
His defense was kinda weak tho. "I didn't run the site, maybe I worked there... I don’t really know." Like, dude, really?
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planktonHero Member
Posts: 1287 · Reputation: 2049
#3Mar 17, 2024, 02:55 AM
Blockchain is the worst spot for crime tbh. Everything is traceable. No statute of limitations in the US either, so they can come for you anytime.
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Posts: 131 · Reputation: 228
#4Mar 18, 2024, 02:02 AM
Right! It seems they only traced him now. Must be some insane analysis tech they’re using. Makes you think twice about using mixers.
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sat_2018Full Member
Posts: 40 · Reputation: 325
#5Mar 18, 2024, 04:12 AM
Totally agree. Those criminals think they’re slick, but there’s always eyes watching. Look at that Jimmy guy who messed up by moving coins to a CEX.
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#6Mar 18, 2024, 06:21 AM
Blockchain analysis isn’t perfect. It’s prone to errors, especially with heuristic methods. Even pros admit it’s more art than hard science.
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planktonHero Member
Posts: 1287 · Reputation: 2049
#7Mar 18, 2024, 06:54 AM
That’s true. But even imperfect analysis narrows down suspects. Once they find a few cooperating, the whole network can be exposed.
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stake2018Newbie
Posts: 19 · Reputation: 17
#8Mar 20, 2024, 01:44 AM
Exactly, they probably wanted solid evidence before grabbing him. Plus, going after the customers too makes sense. Get the whole operation, not just one dude.
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#9Mar 20, 2024, 02:16 AM
But seriously, if he had nothing to do with Bitcoin Fog, why risk going to the US? Seems like a dumb move if you ask me.
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real_byteFull Member
Posts: 35 · Reputation: 781
#10Mar 20, 2024, 05:01 AM
I know right? It’s like asking for trouble. You just don’t walk into the lion’s den expecting to be ignored. Foolish.
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planktonHero Member
Posts: 1287 · Reputation: 2049
#11Mar 20, 2024, 08:20 AM
Anyone caught using Bitcoin for crime deserves jail time. It messes it up for the rest of us. Today it’s Sterlingov, tomorrow who knows?
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Posts: 3546 · Reputation: 35
#12Mar 21, 2024, 06:46 AM
Another one bites the dust. 12.5 years in prison and he has to forfeit nearly $400 million. It’s about time they cracked down on these mixers.
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