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27 An Ohio man guilty of Bitcoin laundering must forfeit over $400 million in assets

The Verge
Wes Davis @ The Verge 2 place · today 17:19 EDT

An Ohio man guilty of Bitcoin laundering must forfeit over $400 million in assets

Image: The Verge


An Ohio man named Larry Dean Harmon will serve three years in prison and forfeit more than $400 million worth of cryptocurrency and other assets, the Department of Justice announced on Friday. Harmon was indicted in 2020 on money laundering conspiracy charges related to Helix, a darkweb cryptocurrency “mixer” service he ran.
Also known as crypto “tumbling,” services like Helix are designed to hide cryptocurrency transactions — often for illegal drugs — and the identity of people inv

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