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

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/