Tag Archives: Bitcoin Mixing

Larry Dean Harmon, a 38-year-old man who hails from Akron, Ohio, has pled guilty to cryptocurrency money laundering charges after years of running a platform known as Helix, a darknet bitcoin mixing company. Larry Harmon Will Have to Pay Back Quite a Bit of Money Harmon pled guilty in a federal court. As part of his plea, he is required by regulators to give up as many as 4,400 bitcoin units to the state government, which by today’s standards, are worth more than $200...

Larry Dean Harmon is a hired bitcoin mixer that is now in trouble for bitcoin mixing. In other words, he’s stuck facing a multi-million dollar fine because he did his job, though whether that job is legal is still widely open to question. As the owner of bitcoin mixers Helix and Coin Ninja, Harmon has been saddled with a $60 million penalty by the Financial Crimes Enforcement Network (FinCEN).Harmon Has Been Saddled With a Big PenaltyIn a statement, FinCEN claims:[Harmon] willfully violated...

The Department of Justice (DOJ) has brought forth its first case regarding the crime of bitcoin and crypto mixing. 36-year-old Larry Harmon of Akron, Ohio, has been charged with operating a company known as Helix, a dark web marketplace designed to “clean” illicitly garnered cryptocurrencies by mixing them with others.Harmon Has Been Operating Helix for Some TimeThe process can be somewhat complicated depending on how large the initial sum is. If you have several bitcoins, or you were...