Home Bitcoin Bitcoin (BTC) Fog Case of Sterlingov Highlights Crypto Tracing, Chainalysis

Bitcoin (BTC) Fog Case of Sterlingov Highlights Crypto Tracing, Chainalysis

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Bitcoin (BTC) Fog Case of Sterlingov Highlights Crypto Tracing, Chainalysis

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US cyber sleuths spent seven years trying to unmask the shadowy figure who ran Bitcoin Fog, a dark web service that authorities say helped criminals launder cryptocurrency for a decade.

To find their man, Internal Revenue Service agents turned to Chainalysis Inc., a blockchain analytics firm that helps law enforcement and corporations trace the flow of illicit funds. Using Chainalysis software, agents analyzed hundreds of thousands of Bitcoin Fog transactions.

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