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NEWS: U.S. charges operator of crypto exchange AurumXchange with laundering cash linked to notorious Silk Road

A representation of virtual currency bitcoin is seen in front of a stock graph in this illustration taken November 19, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

BY PAUL O’DONOGHUE, Senior Correspondent

The U.S. Department of Justice (DOJ) has charged the operator of the crypto exchange AurumXchange with money laundering, accusing him of handling millions for the Silk Road, a notorious darknet marketplace.

In a statement, the DOJ alleged that Maximiliano Pilipis, 53, processed over $30 million through 100,000 transactions via AurumXchange, some of which involved accounts linked to Silk Road.

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