Crime doesn't pay- or at least that was the case with Larry Dean Harmon, who was recently sentenced to three years in prison and ordered to forfeit over $400 million in assets for operating a darknet-based 'mixer' called Helix which laundered his customers Bitcoins. His operation was very popular among online drug dealers who used his services to launder money.
According to the press release, Helix processed approximately 354,468 bitcoins during its operations, totaling $311,145,854 when these transactions occurred. The court cases also mention that this operation consists of funds coming through the darknet drug markets. In return, Harmon, 41, a resident of Akron, retained a percentage from the transaction as a commission.
