{"id":78103,"date":"2023-05-01T14:12:42","date_gmt":"2023-05-01T11:12:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=78103"},"modified":"2025-09-11T03:02:35","modified_gmt":"2025-09-11T00:02:35","slug":"brother-of-helix-founder-sentenced-to-four-years-in-prison-for-theft-of-712-btc","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/brother-of-helix-founder-sentenced-to-four-years-in-prison-for-theft-of-712-btc\/","title":{"rendered":"Brother of Helix founder sentenced to four years in prison for theft of 712 BTC"},"content":{"rendered":"<p>The court sentenced Gary Harmon \u2014 brother of Helix founder Larry Harmon&#8217;s crypto mixer \u2014 to four years and three months in prison for the theft of 712 BTC seized by U.S. authorities (more than $20 million at the time of writing). The Justice Department <a href=\"https:\/\/www.justice.gov\/opa\/pr\/man-sentenced-stealing-over-712-bitcoin-subject-forfeiture\">reports<\/a>.<\/p>\n<p>In February 2020, Larry Harmon&#8217;s arrest on suspicion of laundering more than $300 million through darknet markets from 2014 to 2017, to which he subsequently <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-mixer-operator-helix-pleads-guilty-to-laundering-300-million\">confessed<\/a>. Authorities seized various assets from him, including a device for storing bitcoins, but could not access the cryptocurrency.<\/p>\n<p>Harmon used his brother&#8217;s accounts and secretly transferred more than 712 BTC (at the time about $4.8 million) from the device to his own address, hindering the confiscation. He used two cryptocurrency mixers and spent part of the stolen funds.<\/p>\n<p>In January 2023, Gary Harmon <a href=\"https:\/\/u1f987.com\/en\/news\/brother-of-helix-founder-pleads-guilty-to-stealing-over-712-btc-seized-by-the-u-s\">pleaded guilty<\/a> to wire fraud and obstruction of justice. He agreed to return to authorities previously seized assets, namely 647.41 BTC, 2.14 ETH and 17,404,400.64 DOGE.<\/p>\n<p>As reported, the Tornado Cash mixer developer Alexey Pertsev, suspected of involvement in laundering funds and concealing illicit financial flows, has been <a href=\"https:\/\/u1f987.com\/en\/news\/tornado-cash-developer-to-be-released-under-house-arrest\">placed under house arrest<\/a> since April 26.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The court sentenced Gary Harmon to four years and three months in prison for the theft of 712 BTC seized by U.S. authorities.<\/p>\n","protected":false},"author":1,"featured_media":78104,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1162,1154,26],"class_list":["post-78103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-court-cases","tag-crimes","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=78103"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78103\/revisions"}],"predecessor-version":[{"id":78105,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78103\/revisions\/78105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/78104"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=78103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=78103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=78103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}