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UK ISIS Member Charged for Sending Bitcoin to Terrorist Militants in Syria
A UK member of ISIS faces multiple charges for sending funds using Bitcoin to aid the escape of terrorist militants being held in prison camps in Syria.
US Government Seize Bitcoin Terrorism Funding for Islamic State and Al-Qaeda
The US Justice Department has revealed that it has seized cryptocurrency worth millions of dollars intended to fund the activities of terror groups like the military arm of Hamas, the Islamic State, and Al-Qaeda. This breakthrough is the largest clampdown on online terrorist fundraising,
ISIS Is Not Hoarding $300M in Bitcoin War-Chest, Reports Chainalysis
Over the past week, the comments of a counter-terrorism think tank Director have indicated that ISIS has been using cryptocurrency platforms to conceal donations and bypass financial security measures and could be hoarding close to 300 million in Bitcoin. Experts initially made the revelation after identifying an increase in advertising for donations. However, a recent report from Chainalysis suggests that there is no evidence of ISIS's 300million BTC war-chest.
ISIS Millions Could Be Hidden in Cryptocurrency Ready-to-Fund War Chest
There is fear that missing ISIS’s £246 million may have been hidden in cryptocurrency waiting to be used for war chest.