South Korea court freezes digital currency wallets for Nth Room operator - CoinGeek

in hive-116221 •  4 years ago 

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A South Korean court has ordered a freeze on the digital currencies belonging to the alleged operator of a child pornography ring. Known as the Nth Room, the ring operated on encrypted message service Telegram and received payments in digital currencies.

The Seoul-based court issued the freeze order for 15 digital currency wallets owned by Cho Joo-bin, the alleged mastermind behind Nth Room. It was acting on the request of the prosecutors in charge of the case, KBS News reported. The prosecutors believe that the wallets hold most of the profits that Cho generated from his criminal activities.


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