Elevate Legal Services, PLLC

Crypto Crime Rising Threat: The Surge of China-Based CSAM Networks in 2024

Crypto crime graphic highlighting the surge of China-based CSAM networks in 2024, featuring pixelated images and digital elements, representing the intersection of cryptocurrency and child sexual abuse material.

The rise of cryptocurrency has revolutionized the financial landscape, offering fast, decentralized, and anonymous transactions. However, this technological advancement has also become a double-edged sword, enabling criminal enterprises to flourish under the cloak of blockchain anonymity. In 2024, a disturbing trend emerged: the proliferation of China-based CSAM (Child Sexual Abuse Material) networks exploiting cryptocurrencies to […]