Newslink: US Authorities Charge Backpage.com Operators with Laundering $500 Million

in #newslink7 years ago

US authorities have accused the operators of Backpage.com of earning $500 million in prostitution-related revenue since the site’s establishment, and allegedly converting some of these proceeds into bitcoin and other cryptocurrencies as part of their money laundering efforts.

https://news.bitcoin.com/us-authorities-charge-backpage-com-operators-with-laundering-500-million/

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