.S. Treasury’s Financial Crimes Enforcement Network (Fincen)

.S. Treasury's Financial Crimes Enforcement Network (Fincen), Anti-Money Laundering, Banking Secrecy Act (BSA), Bitcoin mixing service, Coin Ninja, Helix, Larry Dean Harmon, money services business (MSB), News

US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million

US Financial Watchdog Fines Bitcoin Mixer Service for $60 MillionLarry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) for allegedly violating anti-money laundering rules. According to documents published Oct. 19 by Fincen, the fine surrounds the transmission of “at least 356,000 bitcoin transactions through […]

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