U.S. DOJ secures legal title to over $400M in Helix assets

The U.S. Department of Justice announced it has secured legal title to more than $400 million in cryptocurrency, real estate, and financial assets connected to the cryptocurrency mixer Helix. The action follows the November 2024 sentencing of Helix founder Larry Harmon, who received a 36-month prison term and was ordered to forfeit the assets on charges of conspiracy to commit money laundering.