Alleged Mastermind of Sex Abuse Chatrooms Hid Payments With Privacy Coin Monero

Coindesk | Mar 26, 2020 at 1:22 PM
  • Cryptocurrency accepted by the alleged ringleader of a Telegram chat group in exchange for abusive sexual material may never be retrieved.
  • An investigation from CoinDesk Korea found Cho primarily dealt in the privacy-enhancing cryptocurrency monero (XMR) so he could cover his tracks.
  • Korean authorities took the unusual step Wednesday of publicly naming Cho as the alleged ringleader of a Telegram chat group known as the Doctor’s Room, following a petition signed by more than five million South Koreans.