Texas police arrested Backpage.com CEO Carl Ferrer on Thursday and will move to shut down the site. The classified ad site is accused of human trafficking through its adult services section, which reportedly makes 90 per cent of its revenues.
This case does not accuse anyone of providing or paying for adult services with bitcoin. However, digital currency was a popular payment method for site advertisers who could not use mainstream payment channels.
Full story: http://bitcoinist.net/backpage-ceo-arrested/