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Bitcoin tracing busts child abusers

2019-10-16 16:09:43.492751+00 by Dan Lyke 0 comments

US DOJ: South Korean National and Hundreds of Others Charged Worldwide in the Takedown of the Largest Darknet Child Pornography Website, Which was Funded by Bitcoin:

“Through the sophisticated tracing of bitcoin transactions, IRS-CI special agents were able to determine the location of the Darknet server, identify the administrator of the website and ultimately track down the website server’s physical location in South Korea,” said IRS-CI Chief Don Fort. “This largescale criminal enterprise that endangered the safety of children around the world is no more. Regardless of the illicit scheme, and whether the proceeds are virtual or tangible, we will continue to work with our federal and international partners to track down these disgusting organizations and bring them to justice.”

I suppose the best thing about Bitcoin and blockchain based crypto currencies is the immutable public record of every transaction...

[ related topics: Children and growing up Politics Erotic Sexual Culture Work, productivity and environment Law Enforcement Cryptography ]

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