Odaily Planet Daily News: A U.S. court sentenced Gary James Harmon, the younger brother of Larry Harmon, CEO of Helix, a cryptocurrency mixing service company, to four years and three months in prison for stealing 712 bitcoins that were confiscated in a pending criminal case at the time and were worth $5.4 million at the time. Larry Harmon was arrested in February 2020 on charges of laundering more than 350,000 bitcoins for his clients, worth more than $300 million at the time of the transaction, most of which came from darknet markets. In August 2021, Larry pleaded guilty to charges of money laundering. At the time of Larry's arrest, law enforcement seized various assets, including a cryptocurrency storage device containing illegal proceeds generated through Helix operations. It was at that time that Gary transferred some of the bitcoins to another wallet. Earlier on January 7, Gary James Harmon admitted to illegally stealing more than 712 bitcoins that had been confiscated by the U.S. Internal Revenue Service. As part of his plea agreement, Gary agreed to forfeit other fraudulently obtained property, including more than 647.41 BTC, 2.14 ETH, and 17,404,400.64 DOGE, with a total value of more than $12 million in forfeitable property. (Finance Magnates)
