Yes, and that's a horrible ruling. Almost everything can be construed as "for money". Are you a newspaper with paid subscribers? Everything you link is "for money". Do you have a Google ad on your hobby blog? Technically, you're getting paid for it. Someone will make the argument that you're driving traffic to your ad-sponsored blog by linking to infringing content, so obvious you're profiting from piracy.
It's also ludicrous to pretend that the linker is guilty of the crime. If I link to Silk Road and you go there to buy drugs, I am not involved in the transaction. I didn't buy drugs. I didn't sell drugs. I had nothing to do with you ordering drugs other than telling you where they were.
Google links to things that are illegal all over the place. Should they be guilty of linking to Muhammad cartoons because that's taboo in certain countries? Of course not, even if they get paid for it.