Harmon faced up to 20 years in prison on the charges against him. On 11/11, the Government recommended he be sentenced to 75 months in prison. In 2020, the Treasury Department's Financial Crimes Enforcement Network fined Harmon $66,000 million.
Harmon faced up to 20 years in prison on the charges against him. On 11/11, the Government recommended he be sentenced to 75 months in prison. In 2020, the Treasury Department's Financial Crimes Enforcement Network fined Harmon $66,000 million.
Harmon assisted prosecutors in the trial against #Bitcoin fog operator Roman Sterlingov, who was sentenced to 11-8 years in prison on 12/5. Harmon expressed regret during his sentencing. He also shut down Helix two years before his arrest, the judge noted in sentencing. "He changed his ways before he was arrested in this case, she said.
Harmon was also ordered to forfeit approximately $311 million in cash and "forfeit at least $400 million in #cryptocurrency , real estate and monetary assets.
Through the spiral. The value of the cryptocurrency at the time was estimated at over £3 billion. Prosecutor Alden Pelker called the scale of Harmon's crimes staggering.
conducted search engine optimization for a local cocaine distributor.
Harmon was arrested in 2020 on May 2 and pleaded guilty the following month, May 8. He operated the Helix darknet from 2014 to 2017 and withdrew over 350000BTC during that time. Helix operated with the darknet search engine Grams, which was also run by Harmon. According to a DOJ statement,:
Harmon worked to ensure that Grams and Helix were connected to all major darknet markets at the time. Harmon developed an application programming interface (API) that allowed the darknet markets to directly integrate Helix into the bitcoin withdrawal system.
Harmon initially argued in court that bitcoin was not money, so he could not be charged with money laundering.
The Internal Revenue Service, Criminal Investigation Division, obtained Harmon's hard wallet after his arrest.
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