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Cryptocurrency mixer fined $60M for running an unregistered money business

10/20/2020

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The U.S. Financial Crimes Enforcement Network today imposed a $60 million penalty against the founder of two cryptocurrency “mixer” services on the grounds that they breached U.S. law. The accused, Larry Dean Harmon, is alleged to be the operator of Helix and Coin Ninja, sites which provided mixers or “tumbler” services. Cryptocurrency mixer services are …

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