Bitcoin

The South Korean police are tracking 40 people behind crypto payments in child pornography ring

The South Korean authorities have managed to track the fingerprints of at least 40 people suspected of paying with cryptocurrencies to access videos of rape and sexual exploitation of minors in the “Nth Room” case.

According to a report released on April 27 by local news agency Yonhap News, a raid on 20 of South Korea’s major cryptocurrency exchanges revealed information that police have used to find users, thereby setting a precedent for investigations into cryptocurrency-related crimes in the country.

Payments sent to Nth Room Mastermind

Yonhap also reported the story of an investigated man who lives in the Yonhdongpo district in Seoul and is said to have committed suicide after his identity became known to the press.

The South Korean police are tracking 40 people behind crypto payments in child pornography ring
The South Korean police are tracking 40 people behind crypto payments in child pornography ring

According to police, investigations on his cell phone found no concrete evidence of his direct connection to the Nth Room case.

However, the local authorities managed to do this The suspect has reportedly sent crypto payments to a wallet that is believed to belong to Cho Joo-bin, the alleged mastermind behind the circle of child pornography.

Cho Joo-bin’s information on criminal income “is interpreted to a certain extent”

With the results achieved, the authorities believe that they will soon be able to count the income Cho has received from those who have paid access to the videos of child rape through telegram chats.

According to the police An estimated 26,000 people have sent payments related to the Nth Room case.

The exchange of cryptocurrencies supports the authorities in investigations

The South Korean cryptocurrency exchange has been working with local law enforcement agencies in the Nth Room case for some time.

Cointelegraph reported on March 25 that Upbit, Bithumb, Coinone and Korbit worked with the police to reveal the identity of those involved. in the child pornography scandal.

Although it was not possible to quantify the transactions carried out at the time of publication of this report, the authorities said that some members had paid up to USD 1,200 in cryptocurrencies.

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