US Department of Justice indicts Aurum Exchange operator on Silk Road money laundering charges

The U.S. Department of Justice (DOJ) has indicted the operator of cryptocurrency exchange AurumXchange on money laundering charges.
In a statement released on the 28th (local time), the DOJ said that Aurum Exchange was involved in the sale of Silk Road, a darknet marketplace.
The DOJ accused Maximiliano Pilipis, 53, of handling millions of dollars in fraud on the 1990s Road.
When Pilipis was running the Aurum Exchange, about $300,000 (about 46 million yen) was exchanged for 100,000 shares.
Silk Road revealed that the money was sent through the exchange through transactions, with some of it coming from Silk Road's accounts.
The dark web was operated by Roberts, a pseudonym for Dread Pirate, from 2011 to 2013. The platform allowed users to
The Silk Road network was a hub where thousands of drug dealers could buy and sell goods anonymously. DOJ said Phillips worked there from 2009 until the FBI shut it down in 2013.
The lawsuit alleges that Phillips operated an unlicensed exchange in 2014. Phillips received millions of dollars in fees for brokering these transactions, and was paid approximately $1.2 million (approximately 183.93 million yen) at the time.
The DOJ alleges that he made significant profits, including 10,000 bitcoins worth 10,000 yen.