United States v. Sterlingov

CourtDistrict Court, District of Columbia
DecidedMarch 6, 2023
DocketCriminal No. 2021-0399
StatusPublished

This text of United States v. Sterlingov (United States v. Sterlingov) is published on Counsel Stack Legal Research, covering District Court, District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
United States v. Sterlingov, (D.D.C. 2023).

Opinion

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA

UNITED STATES OF AMERICA,

v. Criminal Action No. 21-399 (RDM)

ROMAN STERLINGOV,

Defendant.

MEMORANDUM OPINION AND ORDER

This matter is before the Court on Defendant Roman Sterlingov’s motion for release of

funds, Dkt. 48, and supplemental motion for the same, Dkt. 101. Sterlingov is charged with

money laundering conspiracy, money laundering, operating an unlicensed money transmitting

business, and money transmission without a license, all in relation to his alleged operation of a

Bitcoin mixer known as Bitcoin Fog. Dkt. 43 (Superseding Indictment). Pursuant to a warrant

issued by a U.S. Magistrate Judge, the government has seized certain of his assets that it alleges

were involved in the charged offenses. See Dkt 40; Dkt. 53-2. Sterlingov seeks release of these

funds to pay for his legal defense. Dkt. 48; Dkt. 101. For the reasons that follow, the Court will

DENY Sterlingov’s motions. Dkt. 48; Dkt. 101.

I. BACKGROUND

The following background is taken from the government’s charging instruments; the

affidavit of Special Agent Devon Beckett; the parties’ proffers and testimony at the hearings held

on January 13, 2023 and January 31, 2023; and the exhibits tendered to the Court, including the

seizure warrant affidavit and the declaration of Staff Operations Specialist Luke Scholl. It bears

emphasis, however, that the Court’s description of the facts is necessarily preliminary and does not represent a determination on the merits, which is both premature and, in any event, the sole

province of the jury.

The government contends that Sterlingov operated “an illicit Bitcoin money transmitting

and money laundering service” known as Bitcoin Fog. Dkt. 1-1 at 1; see also Dkt. 43. Bitcoin,

also known as BTC, “is a decentralized form of electronic or digital currency that exists only on

the internet.” United States v. Harmon, 474 F. Supp. 3d 76, 80 (D.D.C. 2020) (quotation marks

and alterations omitted). The term “bitcoin” refers both to “a system” that facilitates financial

transactions and to “a unit” of currency. Id. Bitcoin the system “is a peer-to-peer network

enabling proof and transfer of ownership—of units, or tokens, also called bitcoin—without

involving a third-party such as a bank.” id.; bitcoin the unit is a virtual currency “transacted over

the Internet using Bitcoin software,” Dkt. 1-1 at 1 n.2. This software permits users to create

“‘Bitcoin addresses,’ roughly analogous to anonymous accounts,” and to “securely transfer[]

bitcoin from one Bitcoin address to another.” Id. “[T]he identity of a Bitcoin address owner is

generally anonymous.” Id. at 3. But the government maintains that “law enforcement can often

identify the owner of a particular Bitcoin address by analyzing the blockchain,” which “is

essentially a distributed public ledger that keeps track of all Bitcoin transactions, incoming and

outgoing, and . . . records every address that has ever received a bitcoin and maintains records of

every transaction.” Id. at 3 & n.3. Sterlingov and his experts do not accept this premise and,

instead, argue that blockchain analysis is unscientific and unreliable. See, e.g., Dkt. 48 at 7–11;

Dkt. 48-1 (Vickery Decl.).

Bitcoin Fog is a bitcoin mixer (or tumbler) that offers enhanced anonymity to those

engaged in bitcoin transactions. Dkt. 1-1 at 1. The service enables users to “send bitcoins to

designated recipients in a manner designed to conceal and obfuscate the source of the bitcoins.”

2 Dkt. 1-1 at 1–2. Bitcoin Fog does this by “disassociating incoming bitcoin from particular

Bitcoin addresses or transactions and then comingling that bitcoin with other incoming bitcoin

prior to conducting any further transactions.” Id. at 2. Simplified somewhat, the process works

as follows: Users who register with Bitcoin Fog receive a randomly generated account into

which they can deposit bitcoins. Dkt. 106-1 at 2 (Gov’t’s Suppl. Ex. 1). Bitcoin Fog then

gradually draws these bitcoins down into a centralized pool comprised of many bitcoins from

many users. Id. Users can then schedule withdrawals, at which point funds from the pool are

sent to them at a separate account, at random times and in random amounts, until the full

withdrawal has been accomplished. Id. This process makes it next to impossible to determine

the origin of the bitcoin deposited in that separate account. Dkt. 1-1 at 2. For that reason,

Bitcoin Fog is allegedly used by those engaged in criminal activity to launder illicitly obtained

funds. Id.

Bitcoin Fog makes money by charging a fee of between 2% and 2.5% of each transaction

that it processes. Id. at 11. Based on the service’s alleged transaction volume, the government

calculates that it has generated approximately $8 million in fees, assuming that its proceeds

(taken in bitcoin) were converted into cash at or near the time of the relevant transactions. Id.

But bitcoin has appreciated dramatically since Bitcoin Fog’s inception—from $2 during the fall

of 2011 when Bitcoin Fog launched to around $50,000 at the time Sterlingov was charged—so

the government estimates that Bitcoin Fog may have generated nearly $70 million in profits at

more recent valuations. Id.

The government has proffered some evidence that parties seeking to launder the proceeds

of criminal activities comprise a substantial portion of Bitcoin Fog’s customer base. Id. at 3–5.

In particular, the government presents evidence that Bitcoin Fog has processed more than $78

3 million in transactions from “darknet markets”—hidden online businesses that “primarily traffic

in illegal narcotics and other illegal goods and services.” Id. at 4. There is also evidence that

Bitcoin Fog’s operators were aware of the nature of its customers. Id. at 2–3. Indeed, one of

Bitcoin Fog’s selling points was that its operators could not be found by nor would they

cooperate with the authorities. Id. at 2–3. In addition, the government has provided evidence

that Sterlingov was involved in Bitcoin Fog’s founding and operations. Id. at 7–11.

On April 26, 2021, the government charged Sterlingov by criminal complaint with

money laundering, in violation of 18 U.S.C. § 1956(a)(3); operating an unlicensed money

transmitting business, in violation of 18 U.S.C. § 1960(a); and money transmission without a

license, in violation of D.C. Code § 26-1023(c). Dkt. 1. Sterlingov was arrested the following

day in Los Angeles and was subsequently transported to the District of Columbia. Dkt. 53 at 3.

He was later charged in a three-count indictment with the same offenses charged in the

complaint: money laundering (Count One), operating an unlicensed money transmitting business

(Count Two), and money transmission without a license (Count Three). Dkt. 8 at 1–3. The

indictment also contained a criminal forfeiture allegation, seeking forfeiture, upon Sterlingov’s

conviction on Counts One and Two, of “any property, real or personal, involved in the offense,

and any property traceable thereto,” pursuant to 18 U.S.C.

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