The U.S. Department of Justice seizes over $400 million in assets related to the mixing service Helix

The U.S. Department of Justice has officially obtained legal ownership of over $400 million in assets related to the dark web cryptocurrency mixing service Helix, including cryptocurrencies, real estate, and cash assets.

U.S. District Court Judge Beryl A. Howell signed the final forfeiture order. Helix, operated by Larry Dean Harmon, processed approximately 354,468 Bitcoin transactions from 2014 to 2017, valued at $300 million at the time, primarily serving the money laundering needs of dark web drug dealers. Harmon pleaded guilty to conspiracy to commit money laundering in August 2021 and was sentenced to 36 months in prison, 3 years of supervised release, and asset forfeiture in November 2024.