An American was charged with money laundering while operating the dark web Helix Bitcoin mixer service between 2014 and 2017.


Larry Dean Harmon (36), from Akron, Ohio, was charged with laundering more than $310 million worth of Bitcoin while he was operating a Darknet-based cryptocurrency laundering service between 2014 and 2017.

According to three-count indictment unsealed on February 11 in the District of Columbia, the man was charged with money laundering conspiracy, operating an unlicensed money transmitting business and conducting money transmission without a D.C. license.

Harmon operated the Helix mixer service from 2014 to 2017. this means that its customers were paying a fee to send Bitcoin to designated recipients hiding the source of the transactions.

“According to the indictment, Harmon operated Helix from 2014 to 2017.  Helix functioned as a bitcoin “mixer” or “tumbler,” allowing customers, for a fee, to send bitcoin to designated recipients in a manner that was designed to conceal the source or owner of the bitcoin.” reads the press release published by DoJ. “Helix was linked to and associated  with “Grams,” a Darknet search engine also run by Harmon.  Harmon advertised Helix to customers on the Darknet as a way to conceal transactions from law enforcement.”

Read more…