Cryptocurrencies
U.S., South Korea Bust Giant Child Porn Site by Following a Bitcoin Trail
- South Korean man arrested, 337 others charged in global sweep
- Authorities have rescued 23 victims since bust in March 2018
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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.
The bust was revealed Wednesday as the U.S. unsealed an indictment against Jong Woo Son, 23, who prosecutors say operated a Darknet market that accepted Bitcoin and distributed more than 1 million sexually explicit videos involving children. Son, a South Korean national, is serving 18 months in prison after being convicted there.