Ohio Crypto Mixer Operator Sentenced to 3 Years, Forfeits $400M

1 min read
Source: The Verge
Ohio Crypto Mixer Operator Sentenced to 3 Years, Forfeits $400M
Photo: The Verge
TL;DR Summary

Larry Dean Harmon, an Ohio man, has been sentenced to three years in prison and must forfeit over $400 million in assets for running Helix, a dark web cryptocurrency mixer used for money laundering. Harmon processed over 350,000 Bitcoin through Helix from 2014 to 2017, concealing transactions often linked to illegal activities. He pleaded guilty to conspiracy to commit money laundering and received a reduced sentence for assisting in other investigations, including the trial of another crypto mixer operator.

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