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2026-07-10 00:13:00 UTC

Blockchain Report on Nostr: RG Coins founder Rossen Iossifov faces new charges while serving a sentence for ...

RG Coins founder Rossen Iossifov faces new charges while serving a sentence for crypto asset laundering. He was indicted again for destroying/transferring assets to evade forfeiture & participating in a money laundering scheme. Prosecutors allege he unlawfully moved ~$290k in seized crypto. Iossifov was previously convicted in 2021 for laundering millions and sentenced to over 9 years. The new charges carry a potential 25-year maximum. This highlights law enforcement's efforts to recover assets and prosecute illicit crypto activity, underscoring risks in the digital asset market.

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