In South Korea pedophiles make the mistake of using Bitcoin and cryptos - #CRYPTO UTILITIES

In South Korea pedophiles make the mistake of using Bitcoin and cryptos - #CRYPTO UTILITIES


Exchanges are more and more interested in social problems and get involved in their resolution. We still remember the spontaneous wave of support granted by many exchanges in the fight against the coronavirus epidemic. This social responsibility demonstrated by the exchanges seems to continue. On March 25, the South Korean exchanges, Upbit, Bithumb, Coinone and Korbit decided to help the authorities of their country to investigate the infamous case called "Nth Room" which is currently making the headlines in the country. 

 

The fight against child pornography has been going on for several years. And this time, four exchanges are helping the South Korean police in tracking down the culprits. These are the Coinone, Bithumb, Korbit and Upbit exchanges which have joined forces with the police in their country to try to unmask the people involved in the scandal "Nth Room" which happens to be a case of child pornography coupled with cryptocurrency. The said exchanges offered their help to the police because transactions in Bitcoin and cryptocurrencies were carried out in this case of child pornography called "Nth Rom". Even if it was not possible to give an exact amount of the crypto transactions carried out, the authorities affirm that a part of the members paid around $ 1,200 in cryptocurrencies to have a right of access to the Telegram groups. The collaboration was not fruitful. With the help of more than 2.6 million Koreans, the investigations made it possible to get hold of Cho Joo-bin also called "The Doc", the young man of 24 years who directed the network and who, after the the arrest thanked the police "for ending the devil's life that I couldn't stop".

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