Indonesian Investigator Claims Bitcoin is Funding ISIS Operations
In saying so, Faisal seems to indicate fake Bitcoin investing sites serve as a money collecting front for ISIS operations. For the umpteenth time, a government official claims there is a correlation between Bitcoin and terrorist group ISIS. Faisal Tayeb, Head of Investigation of Special Detachment 88, made that statement to the press last night. Officials are struggling to shut down funding options for terrorist activities, so they point the finger of blame at Bitcoin. So far, no credible evidence to back up these claims has been presented. The Indonesian government is facing a lot of....
Related News
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 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."....
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.....
One of the charges that has been levied against Bitcoin is that it is involved in the funding of terrorism. In the current media, such a charge is highly damaging, but is it entirely without foundation? In an article titled "'Bitcoin and the Charity of Violent Physical Struggle,' supporters of the Islamic State of Iraq and Syria (ISIS) called for terrorism-supporters around the world to fund a global jihadist campaign by using Bitcoin. The blog advises ISIS on how Bitcoin can facilitate the anonymous transfer that suit the needs of an army in jihad. However, the pro-ISIS blog that....
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....