DOJ Forfeits Over $400M in Crypto Linked to Helix Darknet Mixer
- Major Asset Forfeiture: The U.S. Department of Justice has officially forfeited over $400 million in cryptocurrency and other assets linked to the Helix darknet mixing service, marking one of the largest recoveries of illicit digital funds in U.S. history and demonstrating a strong crackdown on crypto-related crime.
- Operation of Mixing Services: Helix operated as a Bitcoin mixer designed to obscure the origins and destinations of crypto transactions, with prosecutors indicating its widespread use for laundering proceeds from drug trafficking and other illegal activities, highlighting the potential risks of cryptocurrencies in criminal enterprises.
- Tracking and Seizure: The DOJ's investigation, which began years ago, targeted Helix operator Larry Dean Harmon, who was charged in 2020 for running the illegal mixing service that processed over 350,000 Bitcoin worth billions, showcasing law enforcement's capability in tracing the flow of funds.
- Increased Regulatory Pressure: The Helix case underscores the growing regulatory scrutiny on privacy tools within the crypto space, as mixing services, while having legitimate privacy use cases, face intense examination for their role in facilitating illicit finance, signaling that the crypto sector is not beyond the reach of law enforcement.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for WIN
Technical Sentiment Analysis for WINkLink (WIN) As of , WINkLink (WIN) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WIN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WIN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
WINkLink (WIN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0000164 | 0.0000185 | 0.0000208 | 0.0000229 | 0.0000251 | 0.0000272 | 0.0000295 |
| Fibonacci | 0.0000185 | 0.0000202 | 0.0000212 | 0.0000229 | 0.0000245 | 0.0000256 | 0.0000272 |
About WIN
About the author
