Larry Dean Harmon, CEO of crypto wallet provider DropBit, has been indicted for allegedly laundering $311 million in bitcoin for darknet transactions. Federal authorities charged Harmon, 36, in December and arrested him on February 6 for conspiracy to launder money, operating an unlicensed money transmitter business and money transmission without a license, Cleveland reported Wednesday, citing an indictment document. Harmon is accused of selling illicit drugs via darknet marketplace AlphaBay, which federal authorities shut down in 2017. The marketplace was a “major” source of Fentanyl and Heroin. During 2014-2017, ... (full story)