Bitcoin, News & Updates

Bitcoin Transaction Helped Trace ‘Pedophiles’ in Spain

Cryptocurrency has helped authorities in Spain to track sexual predators participating in unlawful child porn activities.

In a hot pursuit in pursuant to an international investigation regarding dark web activities, the Spanish Civil Guard was able to bust them thru payment once they sign out in the “pay” section of the child-porn website.

The operation has also included some digital and information technology assets and experts who helped cracked the conversations online. This also paved the way for monitoring other movements of the illegal pilot perpetrators themselves. Dubbed as the Kiru Operation, the police nabbed a man from Madrid, who has reportedly abused his minor, under 16-years old stepdaughter.

This sensitive case was followed thru when NCMEC (National Center for Missing and Exploited Children in the US) sent an alert and intel about the incident. Various nude photographs and other contents that feed pedophiles have been disclosed by the organization.

On a separate operation called, it can be recalled that investigators got a hold of a number of payments from one of the prisoners. The jail is located in Bilbao. Analyses backed that cryptocurrencies or tokens from anonymous users that gives them access to a real-time broadcast of illegal sexual predation with minors.

In additional data, it revealed that most localized findings traced back transactions in Asia, specifically in the Philippines.

Operation Jekyll, the third case study, was done alongside the Homeland Security Investigations (HSI). The TOR networks revealed more users of the website and were allegedly use Bitcoin to allow watch party to users. The authorities have a hard time decoding the transaction because of the level of encryption.

Another account saw an academic institution called UCSF Medical School Officials paying hackers a total of $1.14 million ransom. Information was stolen from the Medical School’s computer servers and had encoded vital data by malware, discontinuing access to it.

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