Internet Watch Fund Teams with Blockchain Forensics Startup
December 29, 2016
A British charity is teaming up with an online intelligence startup specializing in Bitcoin. The Register reports on this in their piece called, Bitcoin child abuse image pervs will be hunted down by the IWF. The Internet Watch Foundation, with the help of a UK blockchain forensics start-up, Elliptic, aims to identify individuals who use Bitcoin to purchase child abuse images online. The IWF will provide Elliptic with a database of Bitcoin addresses and Elliptic takes care of the rest. We learned,
The IWF has identified more than 68,000 URLs containing child sexual abuse images. UNICEF Malaysia estimates two million children across the globe are affected by sexual exploitation every year. Susie Hargreaves, IWF CEO, said, “Over the past few years, we have seen an increasing amount of Bitcoin activity connected to purchasing child sexual abuse material online. Our new partnership with Elliptic is imperative to helping us tackle this criminal use of Bitcoin.” The collaboration means Elliptic’s clients will be able to automatically monitor transactions they handle for any connection to proceeds of child sex abuse.
Machine learning and data analytics technologies are used by Elliptic to collect actionable evidence for law enforcement and intelligence agencies. The interesting piece of this technology, and others like it, is that it runs perhaps as surreptitiously in the background as those who use the Dark Web and Bitcoin for criminal activity believe they do.
Megan Feil, December 29, 2016
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