![\"Report:](\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/10\/helix-768x432.jpg\")
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The United States Department of Justice recently filed a lawsuit to recover $60 million that was imposed on Larry Harmon, the operator of a bitcoin mixing service targeted by U.S. law enforcement in 2020. According to U.S. authorities, Harmon had operated an unlicensed money-transmitting business.<\/strong><\/p>\n The United States Department of Justice (DOJ) is reportedly suing Larry Harmon, the founder of the crypto mixer Helix, to recover the $60 million fine imposed on him by regulators. According to a Reuters report<\/a>, the fine, which was imposed in 2020<\/a>, stems from Harmon\u2019s alleged violation of the United States federal Bank Secrecy Act.<\/p>\n According to the Financial Crimes Enforcement Network (FinCEN), Harmon operated an unlicensed money-transmitting business. The business, according to U.S. regulators, enabled users to send virtual currencies anonymously. In 2021, Harmon reportedly pleaded guilty to a money laundering conspiracy charge and said he would cooperate with federal authorities.<\/p>\n However, according to the Helix founder\u2019s motion to dismiss<\/a> filed with the U.S. District Court in 2021, Harmon claimed he had \u201cnever set out to break the law.\u201d He insisted if he had known in 2014 \u2014 when he started Helix\u2019s operations \u2014 that \u201coperating a bitcoin tumbler was illegal, he never would have done it.\u201d<\/p>\n Furthermore, the Helix mixer employed a \u201cdouble-blind system<\/a>,\u201d which means Harmon had no idea how much BTC<\/a> was sent through the mixing platform. As per the report, neither Harmon\u2019s lawyer nor the representative of FinCEN had responded to media inquiries concerning the DOJ\u2019s decision to sue.<\/p>\n Concerning the criminal case against Harmon, the report said the Helix founder had agreed to pay $311,000 as restitution<\/a>. The report added that Harmon\u2019s sentencing had been deferred pending his cooperation with the U.S. government.<\/p>\nViolation of the Bank Secrecy Act<\/h2>\n