Ohio Man Steals 712 Bitcoin From Brother, Sentenced to Prison

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Gary James Harmon of Ohio was sentenced to four years and three months in prison for stealing 712 Bitcoin that belonged to his brother, the U.S. Department of Justice has announced.

Harmon pleaded guilty to criminal charges in January, faced with one count each of wire fraud and obstruction of justice, carrying a maximum sentence of 40 years combined. 

The 712 Bitcoin in question—worth over $21 million at today’s prices—was taken by Harmon after the arrest of his brother in February 2020. According to the Justice Department, the funds were worth around $4.8 million at the time they were taken. 

Harmon’s brother, Larry Dean Harmon, was arrested in February 2020 for operating a coin-mixing service called Helix, which processed over 350,000 Bitcoin between 2014 and 2017 and partnered with several darknet markets, the Justice Department said. 

Larry Dean Harmon later pleaded guilty to a money laundering conspiracy and charges associated with the improper transmission of money in 2021. In addition to criminal charges, Larry Dean Harmon was hit with a $60 million penalty by The…

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