Feds Arrest an Alleged $336M Bitcoin-Laundering Kingpin – WIRED

The alleged administrator of Bitcoin Fog kept the dark web service running for 10 years before the IRS caught up with him.

For a decade, Bitcoin Fog has offered to obscure the source and destination of its customers’ cryptocurrency, making it one of the most venerable institutions in the dark web economy. Now the IRS says it has finally identified the Russian-Swedish administrator behind that long-running anonymizing system and charged him with laundering hundreds of millions of dollars…


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