The United States Department of Justice (DOJ) finalized the forfeiture of over $400 million in cryptocurrency and assets tied to Helix, a darknet Bitcoin mixer. Seized from Larry Harmon, operator of Helix, the assets were transferred to the government after years of legal proceedings. Helix processed 354,468 Bitcoin, valued at $300 million, linked to darknet drug markets. Harmon also operated Grams, a search engine supporting darknet markets. The DOJ traced tens of millions from darknet markets to Helix. Harmon was arrested in February 2020, pleaded guilty in August 2021, and sentenced to three years in prison. His assets were forfeited to the US government, finalizing the long legal process. Harmon’s sentence was reduced after cooperating with investigators and testifying in the Bitcoin Fog case.

Read more at Cointelegraph: DOJ Finalizes $400M Helix Forfeiture in Early Bitcoin Darknet Case