An Ohio man plead guilty to money laundering; the individual operated a Darknet cryptocurrency laundering service called Helix. Larry Dean Harmon operated Helix from 2014-2017 and is believed to have laundered over $300 million in bitcoin. Helix functioned as a bitcoin mixer, allowing customers to pay a fee to anonymously send bitcoin to vendors and other individuals. Harmon admitted that Helix partnered with several Darknet markets to provide bitcoin money laundering services for market customers. Harmon turned over more than $200 million in bitcoin as part of a plea deal and faces up to 20 years in prison. The IRS-CI Cyber Crimes Unit and the FBI led the investigation.
12 Essentials for a Successful SOC Partnership
As cyber threats continue to impact businesses of all sizes, the need for round-the-clock security