Photograph: Valeria Mongelli/Bloomberg/Getty Images
Tools to trace cryptocurrencies have, over just the past several years, allowed law enforcement agencies to convict dark-web black-market administrators, recover millions in ransomware payments, seize billions in stolen bitcoins, and even disrupt networks of child abuse. Now one criminal defendant claims those same tools have also unjustly put him in jail for more than 15 months.
In the spring of 2021, Roman Sterlingov, a 33-year-old Swedish-Russian national, was arrested by Internal Revenue Service criminal investigators at the Los Angeles airport and was accused of creating and operating Bitcoin Fog, a bitcoin “mixing” service on the dark web that took in coins from its users and returned others with the intention of preventing forensic accountants from following that money’s trail. The US Justice Department accuses Sterlingov of no less than $336 million in money laundering over Bitcoin Fog’s decade online.
Now, Sterlingov’s...
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