The term ‘first-time-ever’ may not be the first thing that pops into your mind when thinking about a brothel. However, the Moonlite Bunny Ranch in Nevada could definitely claim the term as it recently accepted its first Bitcoin payment. One of the benefits of Bitcoin is that it offers a high-level of anonymity and even though prostitution is legal in the US state of Nevada, paying customers might not want evidence of it in the
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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. Also read: A Guide to Bitcoin and Cryptocurrencies The arrest was a joint operation between the Texas and California attorneys-general offices. This case does not accuse anyone of providing or paying for adult services with bitcoin.