The world’s largest crypto exchange through trade volume has helped Europol to remove an international pedophile platform with nearly 2 million users.
According to a Binance announcement, the exchange participated in Operation Stream, a worldwide performance by the Europol against sexual exploitation of online children.
The exchange helped to remove Kidflix, an exploitation platform with 1.8 million international users, by identifying portfolios via blockchain analysis.
“In contrast to traditional forums, Kidflix deserved abuse. Users paid for streaming access with cryptocurrency, which was converted into internal tokens. But this was not only pay-to-view. Perpetrators could also earn tokens by uploading (Material for sexual abuse of children), the tags of tags, the tags of tags.
Binance’s forensic aids and efforts for sharing data were of great importance in tracing these payments, which are permanently recorded on public block chains. In total, more than 120 Kidflix users were successfully identified thanks to Binance support. “
Kidflix’s Use of blockchain technology partially led to downfall. According to a fortune report, Europol Binance offered a list of crypto portfolios linked to Kidflix. Binance in turn referred these portfolios with its own database, which led to the identification of 120 Kidflix-linked Binance portfolios.
Said Europol director Catherine de Bolle in a press release,
“The digital dimension has a rapid evolution in online sexual exploitation of children offered a boundless platform to make contact with and victims of care, and to create, to exchanged and exchanged material for sexual abuse of children. An attempt to frame this as purely a technical or slaughterers.
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