Chainalysis is partnering with Binance, Coinbase and other firms to launch "Operation Lighthouse" to track global child sexual exploitation networks.
47 minutes ago
Blockchain analytics firm Chainalysis has partnered with crypto industry institutions including Binance and Coinbase, along with global law enforcement agencies, to launch Operation Lighthouse, a multi-day investigation targeting networks involved in child sexual abuse material (CSAM). The operation is based at the U.S. National Cyber Forensics & Training Alliance (NCFTA) in New York, and collaborates with Europol, the Australian Federal Police, the Royal Canadian Mounted Police, the UK’s National Crime Agency, and other bodies, tracking related funds and digital identities through blockchain intelligence. Chainalysis stated that the investigation covered over 29,000 cryptocurrency addresses and digital identity markers, more than 100 relevant forums and online hubs, generating over 14,000 investigative leads. Suspects involved are spread across 125 countries and regions, with some previously registered as sex offenders. Gavin Sather, Binance’s Senior Project Manager for Anti-Child Sexual Exploitation, noted that blockchain’s inherent transparency makes it harder for criminals to remain hidden long-term when committing related crimes using crypto assets. An Europol official called on financial services, payment systems, social media, and internet platforms to strengthen collaboration to combat online child sexual exploitation crimes.
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