Helix – DIGIT INFO

A Crypto Mixer’s Endgame: Helix Operator Sentenced With $400M Asset Forfeiture

DIGIT — Sat, 16 Nov 2024 00:30:37 +0000

The DOJ has sentenced the operator of Helix, a cryptocurrency mixer, to prison and ordered the forfeiture of over $400 million in assets tied to money laundering. DOJ Ends Helix’s Reign: Operator Sentenced The U.S. Department of Justice (DOJ) announced Friday that Larry Dean Harmon, 41, of Akron, Ohio, was sentenced to three years in […]

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Report: US Department of Justice Files $60 Million Lawsuit Against Bitcoin Mixer Operator

DIGIT — Tue, 25 Oct 2022 07:30:31 +0000

The United States Department of Justice recently filed a lawsuit to recover $60 million that was imposed on Larry Harmon, the operator of a bitcoin mixing service targeted by U.S. law enforcement in 2020. According to U.S. authorities, Harmon had operated an unlicensed money-transmitting business. Violation of the Bank Secrecy Act The United States Department […]

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Founder of the Bitcoin Mixer Helix Pleads Guilty to Money Laundering Charges

DIGIT — Wed, 18 Aug 2021 19:30:21 +0000

Larry Dean Harmon, founder and operator of the bitcoin mixing service Helix has pleaded guilty on Wednesday to money laundering charges. Harmon’s guilty plea follows the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) fining Harmon $60 million last year. Helix Operator Pleads Guilty to Money Laundering, Conspiracy Charges According to several reports and a court-issued […]

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US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million

DIGIT — Tue, 20 Oct 2020 13:45:03 +0000

Larry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) for allegedly violating anti-money laundering rules. According to documents published Oct. 19 by Fincen, the fine surrounds the transmission of “at least 356,000 bitcoin transactions through […]

The post US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million appeared first on Bitcoin News.

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Us Federal Court Ruling — Bitcoin Is a Form of Money

DIGIT — Sat, 25 Jul 2020 10:30:19 +0000

A US Federal Court said Friday that bitcoin is a form of money covered under the Washington D.C., Money Transmitters Act (MTA). The court made this conclusion as it denied a motion to dismiss criminal charges against Larry Dean Harmon, the operator of an underground bitcoin trading platform. In December 2019, a federal grand jury […]

The post Us Federal Court Ruling — Bitcoin Is a Form of Money appeared first on Bitcoin News.

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