BTC mixer Helix founder pleads guilty to money laundering charges, faces 20 years
Larry Dean Harmon is accused of helping criminals move 350,000 BTC through his mixing service and was heavily linked to infamous dark web marketplace AlphaBay.
Larry Dean Harmon is accused of helping criminals move 350,000 BTC through his mixing service and was heavily linked to infamous dark web marketplace AlphaBay.
FinCEN has penalized Larry Dean Harmon, operator of coin tumblers Helix and Coin Ninja, on charges of violating the Bank Secrecy Act and its implementing regulations.
Larry Dean Harmon is accused of willfully failing to properly register Helix and Coin Ninja and willfully failing to implement an effective anti-money laundering program within either business.
Here’s a friendly reminder that operating coin mixing services is illegal—and that Bitcoin is not for anonymous transactions.
Larry Dean Harmon helped conceal billions in crypto transactions, but the DOJ notes that nobody can hide from the law.