US Finalizes Forfeiture of $400 Million Tied to Helix Darknet Mixer
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4 Articles
DOJ Crypto Seizure: U.S. Takes $400M From Helix Darknet Mixer
The U.S. Department of Justice has seized more than $400 million in crypto and assets linked to Helix, a Bitcoin mixing service which is tied to illegal activity. This action officially closes a case that began almost ten years ago. https://twitter.com/coinbureau/status/2017105938290004024?s=46 Helix operated from 2014 to 2017. During this time, it helped users to mix Bitcoin transactions. As a result, people could hide where their money came f…
US Finalizes $400 Million Bitcoin Forfeiture From Helix Darknet Mixer Operations
Federal authorities have completed the forfeiture of approximately $400 million in Bitcoin traced to the now-defunct Helix cryptocurrency mixing service, marking one of the largest single seizures of digital assets linked to darknet market operations in US history. The forfeiture represents a significant escalation in the government’s campaign against cryptocurrency mixers that facilitate money laundering for illicit enterprises. The Helix mixer…
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