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Government Forfeits Over $400M in Assets Tied to Helix Darknet Cryptocurrency Mixer

From justice.gov

Last week, the government obtained legal title over more than $400 million in seized cryptocurrencies, real estate, and monetary assets tied to the operation of the darknet mixing service, Helix. As a mixing service, Helix blended cryptocurrency from multiple users and routed the funds through a series of transactions designed to obscure the funds’ sources, destinations, and owners. The United States previously seized the assets from Larry Dean Harmon, the operator of Helix, which processed transactions involving over $300 million worth of cryptocurrency from 2014 to 2017. Harmon pleaded guilty in August 2021 to ... (full story)

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