U.S., South Korea Bust Giant Child Porn Site by Following a Bitcoin Trail

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U.S., South Korea Bust Giant Child Porn Site by Following a Bitcoin Trail
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BREAKING: Giant child porn site busted as U.S. follows bitcoin trail

-- U.S. and Korean authorities say they broke up one of the world’s largest markets for child pornography, a crime that is proliferating at a furious pace with the rise of cryptocurrency and encrypted online content.

Authorities say they rescued at least 23 minor victims in the U.S., U.K. and Spain who were being actively abused by the site’s users. The Darknet refers to encrypted online content that hides from traditional search engines. The anonymity of the Darknet has fostered crimes like narcotics trafficking, money laundering and child pornography, prosecutors say. Cryptocurrency also has been cited in a wide range of crimes in which people seek to move money anonymously around the world.

The U.S. disclosed information about a few dozen of the accused site users, including former law enforcement personnel and a Georgia man who videotaped children in his own bathroom. The other site users who’ve been charged weren’t named. Two users took their own lives after search warrants were executed, authorities said.

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