Sex Marketplace ‘Backpage’ Used Bitcoin For Money Laundering: DOJ

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Sex Marketplace ‘Backpage’ Used bitcoin For Money Laundering: DOJ

The classified sex-advertising website Backpage.com used cryptocurrency exchanges to launder millions of dollars in bitcoin. That’s what the U.S. Department of Justice alleged in a bombshell 93-page federal indictment which accused the online sex marketplace of money-laundering, conspiracy, and facilitating prostitution. The Department of Justice shut down the website last week amid findings that it promoted … Continued

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