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Crypto Crashers! You Won’t Believe What Happens When Dark Web Money Meets Your Bank Account

A comically exaggerated illustration depicting a  'money laundering' machine with Bitcoin coins pouring in from the top, while dollars are being sucked out of it; at the bottom, an empty bank account is shown with a red X through it and dollar signs flying away. The entire scene is set against a dark web-inspired background.

AurumXchange: where crypto meets dirty money.

Source: cointelegraph

The United States Department of Justice charged the operator of crypto exchange AurumXchange with money laundering, alleging it processed millions for the darknet marketplace, Silk Road. In an Oct. 28 statement, the DOJ alleges when 53-year-old Maximiliano Pilipis operated AurumXchange, over $30 million in funds across 100,000 transactions went through the exchange, some of which came from accounts held on the Silk Road.  Using the pseudonym “Dread Pirate Roberts,” American […]

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