Operator of Bitcoin mixer 'Helix' pleads guilty to laundering over $300M of Cryptocurrency

'By holding Harmon accountable, the department has disrupted the unlawful money laundering practices of these dangerous criminal enterprises,' said Assistant Attorney General Kenneth A. Polite Jr.

An Ohio man who operated a cryptocurrency laundering service has pleaded guilty to money laundering conspiracy charges in federal court.

Harmon faces a maximum penalty of 20 years in prison, a fine of $500,000, or twice the value of the property involved in the scheme, a term of supervised release of not more than three years and mandatory restitution. An Ohio man who operated a cryptocurrency laundering service has pleaded guilty to money laundering conspiracy charges in federal court. A stock photo of the bitcoin symbol.Harmon also ran"Grams," a search engine on the Darknet that customers used to hide their transactions from law enforcement. Helix advertised"Grams" to new and existing users.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Newsweek /  🏆 468. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sam Hunt Pleads Guilty in DUI Case, Gets Suspended Jail SentenceSam Hunt pleads guilty in DUI case, gets suspended jail sentence
Read more »

Sam Hunt Pleads Guilty to DUI Charge After 2019 Drunk Driving ArrestSam Hunt has pleaded guilty to two misdemeanor DUI charges stemming from his 2019 arrest.
Read more »

A timeline of the case against R. KellyThe accusations of abuse, manipulation and inappropriate encounters with girls and young women have been around — and vehemently denied — by singer R. Kelly for decades.
Read more »

New York man pleads guilty to threatening Sen. Raphael Warnock'Dead man can't pass s--- laws. ... I will fight so help me god,' the man said in one message, according to prosecutors.
Read more »

Country Singer Sam Hunt Pleads Guilty To Drinking And DrivingHunt was arrested in 2019 after officers found him swerving between lanes.
Read more »

Does bitcoin belong with your 401(k)?7 cryptocurrency questions -- and answers -- for your retirement plans
Read more »