U.S. Government Seizes Over $400 Million in Assets Linked to Darknet Bitcoin Mixer

The U.S. government has confiscated assets exceeding $400 million, including bitcoin, cash, and real estate, connected to the darknet bitcoin mixer Helix. According to NS3.AI, this action follows the conviction of Larry Dean Harmon for money laundering. Helix facilitated the processing of more than 354,000 bitcoin between 2014 and 2017, primarily catering to darknet drug markets. Harmon received a prison sentence and was mandated to forfeit his assets. Following his release, Harmon intends to engage in legitimate business activities.