News
A news website for the jihadist movement associated with ISIS has adopted Monero donations after having taken donations in Bitcoin for three years.
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ISIS News
ISIS is a Salafi jihadi terrorist organization. ISIS stand for the Islamic State of Iraq and Syria. The organization has been active since 1999 and operates in Libya, Yemen, Algeria, Somali and some other territories in the Middle East and Africa. ISIS jihadis conduct acts of terror, armed seizure of territories, drug and human trafficking, racketeering and religious propaganda. ISIS is being funded by private sympathizers and businesses. Multiple governments have been accused of financing ISIS. Ways of financing terrorists vary, as it can involve secret bank accounts, cryptocurrencies and/or cash exchanges. ISIS’s Bitcoin financing is one of the major concerns held toward cryptocurrencies, due to their privacy. ISIS crypto financing was stated as one of the main reasons to implement strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies in many Bitcoin exchanges.
- News
Blockchain forensics firm Chainalysis has debunked several high-profile stories about the use of crypto to fund terror groups.
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ISIS experiments with blockchain-based messaging app BCM to share videos and propaganda after being banned from Telegram.
8159 US woman caught attempting to send $150,000 in cryptocurrency to ISIS. She was charged with bank fraud and money laundering.
57133Virtual currency won’t make it easier for terrorists, but actually harder. Send Bitcoin undercover today to fight the war on terror
16317With Bitcoin and Kalashnikov, a well-known Bitcoin developer fought for the decentralized economy in Syria.
2126We look at the 10 top bitcoin fiascos, related to money laundering, funding criminals, extortion, Ponzi and MLM, drug dealing, kidnapping, dodgy banks and the fall of Mt.Gox.
2432The teenage co-founder of an Arabic language cryptocurrency exchange and editor at Coin Brief has been arrested over a suspected link to assisting a man travelling to fight alongside ISIS. Ross Ulbricht’s seized coins will be up for auction today and other top stories for March 5.
366Israeli web analyst claims that Islamic State is continuing to use Bitcoin as a means of funding. But the evidence he quotes is not enough to point at a trend as the amount mentioned was only 5 BTC. Taking into account the spread of cryptocurrencies in Israel itself, the statement appears to be just an example of Bitcoin-related media hype.
453The leadership of ISIS was considering accepting Bitcoin donations to help their cause.
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