Roman Sterlingov, the founder of Bitfog, has been sentenced to serve 12.5 years in prison and is required to pay a forfeiture money judgment of approximately $395.5 million. This decision comes as a consequence of his involvement in illegal activities related to cryptocurrencies, which he utilized to launder money and evade taxes.
The case against Sterlingov highlights the increasing scrutiny on the cryptocurrency industry and the potential consequences for individuals who engage in illicit activities involving digital assets.
