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Rossen Iossifov / RG Coins

avoid.net/rossen-iossifov-rg-coins→0/100·95% 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, a 53-year-old Bulgarian national, owned and operated RG Coins, a cryptocurrency exchange in Sofia, Bulgaria that served as the primary off-ramp for the Alexandria (Romania) Online Auction Fraud Network, laundering nearly $5 million in crypto proceeds defrauded from approximately 900 American victims. Convicted in 2020 and sentenced in January 2021 to 121 months in federal prison, Iossifov was charged again in July 2026 with allegedly conspiring from his prison cell to steal and launder $290,000 in cryptocurrency that had already been ordered forfeited to the United States government following his prior conviction.

Connected Entities

1 entities · 10 linked investigations
Tokens
♦Rossen Iossifov / RG Coins
Relationships
    Also appears in
    Saga EVM Blockchain·32Mach-O Man Malware Campaign (Lazarus / Chollima)·0Luiz Carlos Capuci Jr.·0Gamma Strategies·28Bunni Protocol·28BitGrail·2BonkDAO Treasury Governance Attack (July 2026)·0Shunda Park Scam Compound·0Chen Zhi / Prince Group·2Thorchain DEX·28
    Have evidence about Rossen Iossifov / RG Coins?

    Timeline(7 events)

    2018

    Rossen Iossifov begins laundering cryptocurrency proceeds for AOAF Network members through RG Coins exchange in Sofia, Bulgaria. Approximate start date based on the 'less than three years' period cited in court documents.

    U.S. Secret Service press release

    September 2020

    Iossifov convicted by jury in Frankfort, Kentucky on RICO conspiracy and money laundering conspiracy charges.

    U.S. Secret Service press release

    13 January 2021

    Iossifov sentenced to 121 months in federal prison and ordered to pay $2,642,297.43 in restitution to victims. Court finds he laundered nearly $5 million in cryptocurrency for AOAF Network, defrauding 900+ American victims.

    CoinDesk

    2022

    U.S. Court of Appeals for the Sixth Circuit affirms Iossifov's conviction on appeal.

    FindLaw case record

    2024

    Iossifov allegedly conspires from federal prison to transfer approximately $290,000 in forfeited cryptocurrency through multiple exchanges and illicit mixing services before the U.S. government secures physical custody of the assets.

    DOJ Office of Public Affairs

    May 2024

    Iossifov's original 121-month sentence reportedly reduced to 111 months.

    CryptoSlate

    9 July 2026

    DOJ announces new federal charges against Iossifov: destruction or removal of property to prevent seizure, aiding and abetting, and conspiracy to commit money laundering. Iossifov makes initial court appearance in Eastern District of Kentucky. New charges carry maximum 25 years additional prison time.

    DOJ Office of Public Affairs
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain13 Wayback Archives

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (3 events). 13 of 14 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 7/29/2026, 12:43:15 PM

    last updated: 8/25/2026, 1:03:57 PM

    3 views

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