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Ohio Man Admits to Operating Illegal Bitcoin ‘Mixer’ Service

Larry Dean Harmon of Akron, Ohio, admitted operating a darknet site called Helix, which acted as a cryptocurrency money laundering service from 2014 to 2017. Helix functioned as a bitcoin mixer and “tumbler” for darknet users who wanted to hide the origins of their virtual currency, federal prosecutors say. Harmon also admitted he helped launder so-called “dirty” bitcoins in exchange for a transaction fee. He now faces up to a 20-year federal prison sentence and a $500,000 fine.”]

Source: https://www.cuinfosecurity.com/ohio-man-admits-to-operating-illegal-bitcoin-mixer-service-a-17334

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