Bitcoin btc
$ usd
News Report

FinCEN Slaps Bitcoin Mixing Service with $60 Million Fine

2 mins
Updated by Kyle Baird

In Brief

  • FinCen has slammed Larry Dean Harmon, founder of Coin Ninja and Helix with a $60 million penalty for violating the Bank Secrecy Act.
  • Harmon had earlier appealed for donations from the public following his prosecution by the DC Attorney's office.
  • The prosecution convicted Harmon of laundering over $311 million worth of BTC for the darknet website AlphaBay between 2014 and 2017.
  • promo


In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.