US Court Hands Crypto Mixer Operator 3-Year Jail Term
In an interesting development, the US courts have sentenced a crypto mixer operator from Ohio to jail. This development comes amidst active enforcement actions by US prosecutors on crypto mixers due to their reported role in aiding money laundering, hacks, and other illicit activities.
Helix Founder To Serve 3-Year Prison Sentence, Forfeit Over $700 Million
In an official release, the US Department of Justice (DOJ) announced that Larry Harmon, founder and operator of crypto mixer Helix, has received a three-year jail sentence.
Larry Harmon pled guilty to conspiracy to commit money laundering back in 2021, following an indictment in his role for operating Helix which was used to launder 354,468 Bitcoin, valued at over $300…
