As part of his guilty plea, Harmon agreed to the forfeiture of more than 4,400 bitcoin with a total value of more than $200 million based on the cryptocurrency’s current trading price. He also agreed to the forfeiture of his other seized properties involved in the money laundering conspiracy.
Harmon is facing a fine of $500,000 or twice the value of the property involved in the transaction. He is also facing a maximum prison sentence of 20 years. a term of supervised release of not more than three years, and mandatory restitution.
Chief Judge Beryl Howell of the U.S. District Court for the District of Columbia accepted Harmon’s guilty plea.
In a statement, DOJ Criminal Division Assistant Attorney General Kenneth Polite Jr., said, “The Justice Department, together with our law enforcement and regulatory partners, will continue to take enforcement actions to identify and impede those who use illicit means for financial gain, as well as those who use the Darknet to facilitate and obscure their criminal conduct.”
