US Law Enforcement Traces Bitcoin Transfers to Nab ‘Largest’ Child Porn Site
I have never understood the appeal of BitCoin as a means of purchasing or selling illegal materials. The entire transaction history is literally encoded in a public ledger!All Law Enforcement has ever needed to do is trace back the transactions - something that's almost impossible with conventional currencies. Heck the equitable principle of 'Tracing' exists in Law because it's normally impossible to do that once monies have intermingled.The sheer practicality of it is demonstrated in the fact that it's only worthwhile or practicable for Law Enforcement to investigate _large-scale_ money-laundering operations. Yet with Bitcoin you can essentially read back the exact history of every single satoshi.