The Proper Response to the Rising Bitcoin Use by Pedophiles

The Proper Response to the Rising Bitcoin Use by Pedophiles

A recent story published by Bloomberg reports that Bitcoin usage by pedophiles is on the rise. While the use of a potentially anonymous digital currency by the scum of the online world has been long predicted, the Internet Watch Foundation was able to point to some specific statistics in their recent report on payment methods for child pornography online. Although e-gold and Liberty Reserve were somewhat popular options for online criminals in the past, it seems that Bitcoin is quickly becoming the currency of choice for pedophiles. Statistics from the Internet Watch Foundation. The....


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