Crypto Currency

A massive dark web child porn site was brought down by tracing bitcoin

Say it with me: Bitcoin is not anonymous.  Three hundred and thirty-seven alleged members of a massive dark web child pornography website were reminded of that fact last year when they were arrested by a global coalition of law enforcement. According to a Department of Justice press release on Wednesday, the individuals in question were…


Say it with me: Bitcoin is not anonymous. 

Three hundred and thirty-seven alleged members of a massive dark web child pornography website were reminded of that fact last year when they were arrested by a global coalition of law enforcement. According to a Department of Justice press release on Wednesday, the individuals in question were tracked down with the help of blockchain analysis. 

In other words, authorities were able to trace bitcoin payments made to the site in question back to the alleged perpetrators. That’s because, as we can never repeat often enough, contrary to popular belief, bitcoin is onlypseudonymous. 

“The complaint alleges that law enforcement was able to trace payments of bitcoin to the Darknet site by following the flow of funds on the blockchain,” reads the press release. “The virtual currency accounts identified in the complaint were allegedly used by 24 individuals in five countries to fund the website and promote the exploitation of children.”

This website, dubbed “Welcome to Video,” was reportedly a large operation. The DOJ notes that it discovered over 250,000 unique vide

Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Crypto Laundering Network Crushed: $389M AudiA6 Operation Linked to 15 Ransomware Cases

AudiA6 allegedly laundered over €336 million ($389 million) in illicit cryptocurrency. Europol linked the service to 15+ ransomware and crypto theft investigations. Authorities arrested two suspects and dismantled major crypto laundering infrastructure…

AudiA6 allegedly laundered over €336 million ($389 million) in illicit cryptocurrency. Europol linked the service to 15+ ransomware and crypto theft investigations. Authorities arrested two suspects and dismantled major crypto laundering infrastructure…
Read More

Continue Reading
Crypto Currency

The 2036 Issue: Letter From The Editor

Bitcoin Magazine The 2036 Issue: Letter From The Editor The 2036 Issue takes a look at the challenges and opportunities of the coming decade, and how Bitcoiners can make the most of them. This post The 2036 Issue: Letter From The Editor first appeared on Bitcoin Magazine and is written by Shinobi…

Bitcoin Magazine

The 2036 Issue: Letter From The Editor
The 2036 Issue takes a look at the challenges and opportunities of the coming decade, and how Bitcoiners can make the most of them.
This post The 2036 Issue: Letter From The Editor first appeared on Bitcoin Magazine and is written by Shinobi…
Read More

Continue Reading
Crypto Currency

Binance Marks Africa Month With Push for Digital Inclusion Across Continent

Binance, the world’s largest cryptocurrency exchange by trading volume, used Africa Month to deepen its engagement on the continent, positioning digital assets and blockchain technology as tools for economic inclusion and community development. The company said it ran a month-long campaign from April 25 to May 25 aimed at boosting participation in the digital economy…

Binance, the world’s largest cryptocurrency exchange by trading volume, used Africa Month to deepen its engagement on the continent, positioning digital assets and blockchain technology as tools for economic inclusion and community development. The company said it ran a month-long campaign from April 25 to May 25 aimed at boosting participation in the digital economy…
Read More

Continue Reading
Crypto Currency

France Dominates 70% Global Crypto Wrench Attacks Raising Investor Fears

Crypto Wrench Attacks, France crypto kidnappings, Bitcoin holder security risks, crypto KYC data leak, crypto crime news today, Ledger data breach impact, Bitcoin investor safety concerns, crypto surveillance and privacy risks, France cryptocurrency crime wave, crypto wallet security solutions…

Crypto Wrench Attacks, France crypto kidnappings, Bitcoin holder security risks, crypto KYC data leak, crypto crime news today, Ledger data breach impact, Bitcoin investor safety concerns, crypto surveillance and privacy risks, France cryptocurrency crime wave, crypto wallet security solutions…
Read More

Continue Reading