Helix Money Laundering Case Operator Sentenced To 3 Years
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 16 2024Larry Harmon Sentenced: Larry Harmon, founder of the Helix cryptocurrency mixer, was sentenced to three years in prison for money laundering involving over 350,000 BTC and forfeited $311 million in cash and $400 million in assets.
Gary Harmon's Involvement: Gary Harmon, Larry's brother, was sentenced to four years in prison for stealing 712 BTC from the IRS, highlighting the illegal activities associated with cryptocurrency mixing services.
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.
