The Department of Justice charged Maximiliano Pilipis, the operator of cryptocurrency exchange AurumXchange, with money laundering on Oct. 28, 2024. The exchange is said to have processed more than 100,000 transactions totaling more than $30 million during its operations, partly funded by the dark web marketplace Silk Road. The investigation revealed that Pilipis operated the exchange without a license between 2009 and 2013, collecting about 12,000 yuan.
The Politburo of the CPC Central Committee held a meeting on October 28 to review the "Comprehensive Report on the Third Round of Inspection of the 20th Central Committee". General Secretary Xi Jinping of the CPC Central Committee chaired the meeting.