Helix Crypto Mixer Founder Sentenced to 3 Years for Bitcoin Laundering

1 min read
Source: Bitcoinist
Helix Crypto Mixer Founder Sentenced to 3 Years for Bitcoin Laundering
Photo: Bitcoinist
TL;DR Summary

Larry Harmon, founder of the crypto mixer Helix, has been sentenced to three years in prison by a US court for conspiracy to commit money laundering, involving over $300 million in Bitcoin from drug trafficking. Harmon, who also operated the darknet search engine Grams, will forfeit over $700 million in assets. His cooperation with law enforcement reduced his sentence. This case highlights increased scrutiny on crypto mixers, with other operators like Roman Sterlingov also facing legal action.

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