ChildPorngraohy
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Startups seek to de-anonymize Bitcoin to fight crime
Startups in the UK and US are claiming that they're able to strip Bitcoin users of some of their anonymity to fight online crime. Reuters is reporting that London-based company Elliptic has teamed up with the Internet Watch Foundation to stop the cryptocurrency being used to buy child pornography. The IWF is supplying Elliptic with Bitcoin addresses which are believed to be involved with online child abuse. The startup, which monitors transactions at some of the US and Europe's biggest exchanges, will check future purchases against this list. If any of the suspect addresses are found to match, Elliptic will raise the alarm to partners as well as law enforcement agencies.
