Money Laundering

Crypto Mixer Helix Founder Sentenced For Laundering $300 Million In Bitcoin

Posted on November 17, 2024 by ante — No Comments ↓

Larry Dean Harmon of Ohio was officially sentenced Friday for running the darknet crypto mixer Helix over allegations that he had processed over $300 million worth of crypto tokens from 2014 to 2017. Harmon gets a three-year sentence, in addition to forfeiture of assets up to $400 million, for his role in laundering over $300… Continue reading Crypto Mixer Helix Founder Sentenced For Laundering $300 Million In Bitcoin→

OKX Takes Action: Accounts Involving Tornado Cash To Be Banned

Posted on August 9, 2024 by ante — No Comments ↓

The cryptocurrency exchange OKX has announced a firm policy banning accounts linked to the questionable mixing service Tornado Cash in an attempt to prevent illicit activity and promote compliance with international laws. According to OKX CEO Star Xu, any account found to be exploited by Tornado Cash or other authorized firms like Garantex would be… Continue reading OKX Takes Action: Accounts Involving Tornado Cash To Be Banned→