US Finalizes Forfeiture of $400 Million Tied to Helix Darknet Mixer

In brief

• Helix processed over $311 million in Bitcoin at the time, operating as an unregistered mixer.
• A judge entered a final forfeiture order in late January, transferring ownership of Helix-linked assets to the U.S. government.
• The service pooled and redistributed Bitcoin to obscure transaction trails for darknet market users, prosecutors said.