Bitcoin Launderer Gets 3 Years in Prison for Facilitating Illegal Activity
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 16 2024Larry Harmon Sentenced: Bitcoin launderer Larry Harmon was sentenced to three years in prison for mixing over $300 million in Bitcoin through his Helix service, which facilitated illegal activities on the darknet from 2014 to 2017.
Cooperation and Leniency: Harmon's reduced sentence was influenced by his cooperation with authorities in prosecuting other cryptocurrency-related cases, leading to a significant asset forfeiture of over $400 million.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
