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Security Experts: Cryptocurrency A Growing Challenge In Combating Terror

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The Washington Times

Cryptocurrency A Growing Challenge In Combating Terror, Security Experts Tell Congress

 By Jeff Mordock - The Washington Times - Wednesday, January 15, 2020

A neo-Nazi organization received a donation of nearly 14.88 bitcoins or roughly $60,000 in the days following the 2017 white supremacist riots in Charlottesville, Virginia.

Hamas — an Islamist Palestinian group that calls for the death of Jewish people everywhere — set up a website for visitors to make bitcoin donations.

Terrorists, both domestic and foreign, are increasingly using bitcoin for illicit transactions because it is nearly impossible to track, law enforcement officials and scholars told a congressional committee Wednesday.

Read more: https://www.washingtontimes.com/news/2020/jan/15/congress-urged-take-aim-terrorist-funding/