Major South Korean Crypto Exchanges Help Police in Child Porn Investigation
Major South Korean Crypto Exchanges Help Police in Kid Porn Investigation
Southward Korean cryptocurrency exchanges are reportedly aiding local law in a child-porn ring investigation.
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Four Due south Korean cryptocurrency exchanges reportedly are assisting local constabulary enforcement authorities in the investigation of the so-called "nth rooms" case that has grabbed headlines nationwide.
According to the study published on March 25 past Chainnews, Upbit, Bithumb, Coinone, and Korbit collaborated with the law in an endeavour to reveal the identity of those involved in the child porn scandal.
South Korean constabulary had said that about ten,000 people had joined the Telegram groups through which the pornographic material was distributed.
Cryptocurrency transactions involved in "nth rooms" instance
Although information technology has not been possible to quantify precisely, authorities say that a portion of the members paid about $i,200 in cryptocurrencies for gaining admission.
More than 2.vi million Koreans helped to reveal the identity of 24-twelvemonth-old Cho Joo-bin, the man who led the blackmailing network whose victims were both girls and boys.
"The Doc," the online nickname used by Cho, stated the following after beingness arrested:
"Thank yous for stopping my life as a devil that I could not stop."
Minor girls equally victims of the child-pornographic online ring
And so far, the constabulary claimed that 74 people were victims of the crimes, and amongst them are 16 minor girls.
Citing local news media, the New York Times stated that most 300,000 people accept paid to access online chat rooms where the pornographic content has been distributed since 2022.
For several years, the South Korean law take been cracking down on pornographic websites to combat child pornography.
Investigations by local authorities highlight that Telegram has been encrypted enough to protect freedom of expression. Unfortunately, criminals have taken advantage of these protections, making them an essential vehicle for the sexual activity trade.
Source: https://cointelegraph.com/news/major-south-korean-crypto-exchanges-help-police-in-child-porn-investigation
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