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Backpage.com and its CEO plead guilty to federal conspiracy

The message posted to Backpage's website. Screenshot of backpage.com
The message posted to Backpage's website. Screenshot of backpage.com: Axios Visuals

After seven people were indicted on a combined 93 counts, Backpage.com and its CEO Carl Ferrer pleaded guilty in Arizona to federal conspiracy charges.

The details: Per the AP, the guilty pleas in Arizona were presented on April 5, but were unsealed Thursday. In Ferrer's plea deal, he acknowledges "that a great majority of the site's ads were for sex services," and that he "conspired with others at Backpage.com to launder the proceeds from such ads."