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US Authorities Analyze Bitcoin Transactions to Shut Down Child Porn Ring

News United States law enforcement agencies analyzed Bitcoin (BTC) transactions to locate and subsequently shut down a global child pornography site. Per an Oct. 16 press release, the U.S. Department of Justice announced the shutdown of the largest-to-date child sexual exploitation market called W..

Adult Entertainment Platform SpankChain Launches Crypto Payments Processor

News Ethereum-based adult entertainment platform SpankChain has launched a cryptocurrency payments processor together with two new partners. An announcement published on July 31 reveals that the new service — dubbed SpankPay — is being launched with its first two integration partners: the adult en..

Sex & Crypto: Cointelegraph Documentary

Video Because of its pseudo-anonymous, censorship-resistant nature, cryptocurrency has become a popular payment method in the adult entertainment industry. Pornsites, webcam sites and online sex shops have been using crypto to reduce their dependence on traditional payment services, which often im..

Tron Price Plunges as Justin Sun Denies Money Laundering Accusations

News Tron founder and CEO Justin Sun denied illegal fundraising, porn transaction facilitation, gambling and money laundering accusations in a post on Chinese social media platform Weibo published on July 23. Chinese media accuses Tron founder of money launderingEarlier today, Chinese media 21st C..

$515 Million in Bitcoin Spent on Illicit Activity This Year

News Recent research by Chainanalysis suggests that the amount of bitcoin (BTC) spent on illegal transactions this year could hit a record high of $1 billion, even as the ratio of illegal to legal transactions is shrinking, according to a report by Bloomberg on July 1. As per the report, the total..

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