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Bitcoin Fog Founder Convicted of Money Laundering The founder | Crypto | Bitcoin | Blockchain

Bitcoin Fog Founder Convicted of Money Laundering

The founder of Bitcoin Fog, a long-running cryptocurrency mixer, was convicted by a federal jury in Washington on Tuesday of facilitating the laundering of over 1.2 million bitcoins (BTC) – worth about $860 million at today’s prices – tied to darknet marketplaces. Los Angeles International Airport in April 2021 and charged with money laundering, operating an unlicensed money transmitting business, and money transmission without a license.

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