Holy sh*t. They’ve arrested over 300 people.
Investigation began August 2017, and they tracked it via bitcoin payments.
Making a strong point about the role tech plays in protecting (or not protecting) our children. Wondering if this will serve as precedent for other more mainstream platforms (hi Facebook, YouTube).
This was a partnership between US, UK, Germany, S. Korea, and others.
Chief of IRS Criminal Investigation now saying that the scale of this ongoing problem is eye popping.
Now saying that it’s about FOLLOWING THE MONEY.
Also saying that there’s nowhere criminals can hide. They can launder, they can crypto...and they’ll be hunted down.
Rep from Homeland Security noting that these criminals operate with the *perception* of secrecy.
We will find you, we will arrest you, we will hold you fully accountable.
Rep from U.K.’s NCA now speaking. Reiterating the partnership between allies that was necessary to bring these criminals to justice.
Now a rep from KMPA (S. Korea) speaking. Also reiterating value of the international partnerships.
Now they’re taking Qs. Can’t comment on extradition.
This case started from confidential source speaking w/IRS.
Off air now. Wow—these last 12 hours!!
If you want the indictment/details, it just went up:
justice.gov/opa/pr/south-k…
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