Hundreds charged after takedown of child exploitation site which made $730K in Bitcoin


A 23-year-old South Korean man is being accused of running the world’s “largest child sexual exploitation market,” which reportedly processed 7,300 Bitcoin transactions worth over $730,000. According to a criminal indictment unsealed today, the now-defunct English-language website known as “Welcome To Video,” featured over 250,000 child exploitation videos – approximately eight terabytes worth of horrific material. US prosecutors say the online marketplace was operated by Jong Woo Son, who is currently serving an 18-month jail sentence in his native South Korea following his conviction on child exploitation charges. Son was arrested on March 5, 2018, when authorities seized the server he…

This story continues at The Next Web

Or just read more coverage about: Bitcoin


Go to Source