GhostSec: ISIS Has Bitcoin Wallet Worth $3 Million
Editor's update: After being pointed to by CCN's readers, the original featured image containing al-Qaeda's flag is now replaced with one containing the Islamic State flag. Following the recent attacks on Paris, GhostSec, an Anonymous off-shoot which actively hacks ISIS efforts worldwide, said that ISIS regularly uses cryptocurrencies to fund its operations. It offered evidence from September, in which the group believed it had uncovered a single address worth $3 million in bitcoins (which would have appreciated significantly here recently.) The group had a lot more to say during an....
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A pro Islamic State in Iraq and Syria (ISIS) blog has released a post detailing the potential Bitcoin provides for terrorist funding. I want to emphasize that the Islamic State of Iraq and Syria (ISIS) has not proposed using Bitcoin to fund global jihadist efforts. The majority of ISIS members, the majority of Muslims, and the majority of human beings on the planet Earth have not even yet formed their first cohesive thoughts on Bitcoin. Many reports that claim that the pro-Bitcoin announcement came directly from ISIS itself have been circulating and causing fear, uncertainty, and doubt.....
A question was recently posed as to whether or not ISIS missed out on bitcoin. This is indeed a tough question to answer for a number of reasons. ISIS, as many saw back in November, opted to create its own currency with gold, silver and copper coins, and while it's unclear as to how ISIS plans to mint the currency, the coins are "dedicated to God," and meant to keep the group away from the "tyrant's financial system." But in light of all these claims, the question has always been there, "Is ISIS using bitcoin?" and according to a cyber-intelligence analyst from Israel, the answer is "yes."....
According to the claims of a cyber intelligence analyst from Israel, ISIS uses the dark web and bitcoin for purposes like fundraising and recruitment. ISIS and their history with bitcoin. The recent revelation isn't actually the first time ISIS seems to be involved with bitcoin. Back in July, a blog linked to ISIS was reportedly discussing the possibility of using bitcoin to fund global jihadist efforts. This time, as reported in the Israeli newspaper Haaretz, it's estimated that global jihad activists are trying to migrate their operations to the "dark web." According to web analyst Ido....
A teenager in Virginia pled guilty to charges of helping ISIS use bitcoin to fund its operations. The tech-savvy teenager admitted to using social media under the handle @Amreekiwitness to provide the terror group with instructions on how to use the cryptocurrency. Ali Shukri Amin, 17, also offered guidance to Isis supporters seeking to travel to ISIS supporters looking to travel to Syria to fight with the radical Islamist group. This crime is punishable by up to 15 years in prison, according to the U. S. Justice Department. Bitcoin and ISIS. ISIS has been drawn to the use of bitcoin to....
On November 11th, 2015, CCN reported that the Islamic State in Iraq and Syria or ISIS was preparing to launch its currency. Latest reports indicate that ISIS have gone ahead with those plans to launch their own currency. ISIS is a Sunni, unrecognized state and self-declared caliphate based in Iraq and Syria, or what is also known as the Levant. That explains why it is also known as ISIL. The word caliphate comes from the Arabic khilafa, which means succession, and its leader the Caliph would, therefore, be viewed by its followers as a successor to Muhammad. Conceptually, a caliphate....