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Rossen G. Iossifov

avoid.net/rossen-g-iossifov0/100·92% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

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Summary

Rossen G. Iossifov is a 53-year-old Bulgarian national who was convicted in 2021 in the Eastern District of Kentucky of RICO conspiracy and money laundering after operating the RG Coins cryptocurrency exchange to launder approximately $5 million in proceeds from the Alexandria Online Auction Fraud Network. While serving a 111-month federal prison sentence, Iossifov was charged in July 2026 with allegedly conspiring to steal approximately $290,000 in cryptocurrency that had been formally ordered forfeited to the United States government, routing the funds through multiple exchanges and illicit mixing services in January 2024 before the government could take custody.

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Rossen G. Iossifov
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    Timeline(5 events)

    13 January 2021

    Iossifov sentenced to approximately 111 months (10 years) in federal prison following conviction for RICO conspiracy and money laundering conspiracy in the Eastern District of Kentucky. Ordered to pay $2,642,297.43 in restitution and to forfeit cryptocurrency held at Kraken.

    CoinDesk / DOJ

    12 August 2022

    Sixth Circuit Court of Appeals affirms Iossifov's conviction in United States v. Iossifov, No. 21-5404.

    Justia / 6th Circuit

    2024

    Alleged conspiracy begins: Iossifov, while incarcerated, allegedly conspires with unidentified associates to transfer approximately $290,000 from a court-ordered forfeited Kraken account through multiple cryptocurrency exchanges and illicit mixing services before conversion to fiat deposited in a foreign bank account.

    DOJ Office of Public Affairs

    31 December 2024

    Alleged end of the conspiracy period as described in charging documents.

    CryptoBriefing

    9 July 2026

    DOJ announces charges against Iossifov for destruction or removal of property to prevent seizure, aiding and abetting, and conspiracy to commit money laundering. Iossifov makes initial appearance in Eastern District of Kentucky. Maximum exposure: 25 additional years in prison.

    DOJ Office of Public Affairs
    Provenance & Audit Trail

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (3 events). 12 of 14 cited source URLs have an Internet Archive snapshot.

    model: claude-sonnet-4-6

    generated: 8/2/2026, 12:35:10 PM

    last updated: 8/26/2026, 3:09:21 PM

    3 views

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