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Feds Shut Down Your Life Savings as ‘Crypto Mogul’ Linked to Infamous Dark Web Bazaar Gets 50 Years Behind Bars

A shadowy figure sits at a desk surrounded by stacks of cash and computer screens displaying cryptocurrency transactions. A cityscape looms behind them with dark alleys hinting at the Silk Road's presence. The character is shrouded in darkness, their face obscured.

You know what’s wild? People still think Bitcoin is the Wild West…of finance.

Source: bitcoin.com

A crypto exchange tied to Silk Road and alleged money laundering schemes now has its operator facing serious federal charges and prison time. The U.S. Department of Justice (DOJ) announced on Monday that a federal grand jury in Indianapolis has indicted Maximiliano Pilipis, 53, formerly of Noblesville, Indiana, on charges related to operating Aurumxchange, an unlicensed cryptocurrency exchange. Announcing the charges, the U.S. Attorney’s Office for the Southern District of […]

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