Cryptos tumbled on Wednesday after U.S. and South Korean officials said they broke up one of the largest child pornography sites by following a Bitcoin trail.
- The bust was revealed after the U.S. unsealed an indictment against Jong Woo Son, who allegedly operated a Darknet site that accepted Bitcoin and distributed pornography involving children in more than 1 million videos.
- Son, a South Korean, is serving 18 months in prison there.
- The case questions the true anonymity of cryptocurrencies.
- (BitfinexUSD) fell 4.3%, while ETH/USD tumbled 6.3% and XRP was down 5.1%.
