In the US, operators of the Backpage website, which was used to advertise sexual services, were accused of organizing and abetting prostitution, as well as laundering $ 500 million illegally obtained, including using crypto-currencies. In 2015, the site began accepting payments through the crypto-exchange Coinbase and Kraken, as well as payment instruments GoCoin, Paxful and Crypto Capital. This is reported by Cointelegraph.
By laundering the illegal gains of an enterprise, Backpage perpetuated the exploitation of victims and continued to finance their business.
Chief Inspector, Post
The indictment states that the defendants “converted customer payments into and out of cryptocurrency” in order to hide their crime and evade law enforcement. But beyond the indictment, the crypto trail goes further, involving not only the defendants, but the sex workers who used the online hub as well.
At the moment, law enforcement agencies have stopped the operation of the web resource.