Buy Crypto Markets Spot FuturesGOLD Earn Event Centre

PANews reported on January 30 that, according to a statement from the U.S. Department of Justice, the U.S. government has obtained final ownership of more than $PANews reported on January 30 that, according to a statement from the U.S. Department of Justice, the U.S. government has obtained final ownership of more than $

The US government seized over $400 million in assets related to the dark web cryptocurrency mixing service Helix.

Author: PANews

Source: PANews

2026/01/30 09:27

1 min read

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

News Brief

On January 30, PANews reported that through court proceedings tied to Helix—a dark web crypto mixing service—the U.S. government successfully claimed final ownership of assets exceeding $400 million. This substantial haul comprises seized cryptocurrency, real estate holdings, and cash that authorities had previously confiscated from Larry Dean Harmon, Helix's operator. According to court records, Helix processed approximately 354,000 bitcoins between 2014 and 2017, worth roughly $300 million at that time, with the majority linked to laundering funds for dark web drug marketplaces. In August 2021, Harmon pleaded guilty to conspiracy to launder money. Consequently, he received a 36-month prison sentence in November 2024, along with mandatory asset forfeiture. A U.S. District Court judge for the District of Columbia approved the final forfeiture order on January 21, 2025.

PANews reported on January 30 that, according to a statement from the U.S. Department of Justice, the U.S. government has obtained final ownership of more than $400 million in assets through legal proceedings. These assets are related to the operations of Helix, a dark web cryptocurrency mixing service, and include seized cryptocurrencies, real estate, and monetary assets.

This operation involves assets previously seized from Helix operator Larry Dean Harmon. Court documents show that Helix handled at least approximately 354,000 bitcoins (worth about $300 million at the time) between 2014 and 2017, primarily for money laundering for the dark web drug market. Harmon pleaded guilty to conspiracy to launder money in August 2021 and was sentenced to 36 months in prison and forfeiture of assets in November 2024. On January 21, 2026, a judge in the U.S. District Court for the District of Columbia signed a final forfeiture order.

Get 20 USDT in Just 1 Minute

Deposit $100 to unlock $300 in GOLD positions

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.