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An Ohio man guilty of Bitcoin laundering must forfeit over $400 million in assets


Larry Dean Harmon, who ran Helix, gets three years in jail.

An Ohio man named Larry Dean Harmon will serve three years in prison and forfeit more than $400 million worth of cryptocurrency and other assets, the Department of Justice announced on Friday. Harmon, who pleaded guilty to conspiracy to commit money laundering in August 2021, will be on the hook for three years of supervised release after serving his prison sentence. He faced a possible 20 years in prison, but the judge in the case gave him a more lenient sentence after he helped with multiple other investigations, as The Wall Street Journal notes.

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