Ohio Man Faces Prison Term for Laundering More Than $300 Million in Bitcoin

‘Much of those funds were coming from or going to darknet drug markets,’ the U.S. Department of Justice said.

A physical mock-up of a cryptocurrency Bitcoin on Jan. 12, 2022. John Fredricks / The Epoch Times

Ohio-based Larry Dean Harmon has been sentenced to three years in prison for operating a cryptocurrency service used by criminals for laundering millions of dollars, according to the U.S. Department of Justice (DOJ).

Harmon, 41, ran a Bitcoin mixer called Helix that was “highly sought after by online drug dealers who needed to launder their illicit proceeds,” said a Nov. 15 statement from the department.