U.S. prosecutors charge Bitcoin Fog with allegedly using cryptocurrency to launder money

A prosecutor claimed at the beginning of the trial of a Russian-Swedish man that his cryptocurrency mixing service was a key link in transferring tens of millions of dollars from dark web markets known for selling illegal drugs. Prosecutor Christopher Brown stated in his opening statement at the Washington Federal Court that Roman Sterlingov operated Bitcoin Fog, an "online money laundering service" that mixed tokens from different owners to make transactions difficult to trace. Brown added that Sterlingov took measures to ensure that his role in launching the mixer was "always hidden".