For Sale
Comparison reviews

Bitcoin Hybrid CEO pleads guilty to money laundering charges


CoinDesk, Helix CEO Larry Dean Harmon (Larry Dean Harmon) today pleaded guilty to one count of conspiracy to launder money ReportAfter the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) accused him of helping criminals launder hundreds of millions of dollars through a process called Bitcoin mixing.

Financial Center Say In October 2020, Harmon “conducted more than 1,225,000 transactions for customers through Helix between 2014 and 2017, and was associated with a virtual currency wallet address that sent or received more than $311 million”. But he never registered Helix or his other company, Coin Ninja, as a money service business.


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button