FBI: Terrorism linked to cryptocurrencies
Most recently, we wrote about how digital currencies are associated with organized crime. Then we discussed in detail the reasons and subtleties of the mutual connection between the mafia and the coins built on the Blockchain. But as it turns out, it’s not just common criminals who use modern technology. According to research, a certain percentage of cryptocurrency accounts are registered or otherwise associated with terrorism. Further – all available information on this issue. So let’s get started.
What is the cause of the concern?
First, let’s look at the research that points to the likelihood of terrorists using the Blockchain. Of course, the United States is behind the work. The United States is actively fighting terrorism, not only on its territory, but throughout the world as a whole. And the government is well aware that extremists and terrorists do not stand still. Criminals master the surrounding reality, learning new ways of terrorism. Blockchain became one of these. If you believe the work done, then about 155 addresses uncovered at the moment are related to the al-Qaeda terrorist group. The latter, recall, is officially banned in many countries. The District Court for the District of Columbia, as well as the Federal Bureau of Investigation, together with the National Security Investigation Department, have found that terrorists are actively using Blockchain to buy weapons and other dangerous tools.
Specialists from the Internal Revenue Service also joined the work carried out. Collectively, experts argue that criminals are actively raising investments to conduct their own subversive activities. For this, the previously mentioned Blockchain is used, as well as the popular Telegram messenger. Below is an approximate scheme of how terrorists work with Blockchain and recommendations that will help to avoid the pressure of criminals.
How terrorism is related to cryptocurrencies
Obviously, no sane person would want to invest in a terrorist organization that threatens millions of people around the world. That is why al-Qaeda representatives are actively registering their own companies. Basically, these are charities that collect investments from unsuspecting users. People are comfortable investing in an enticing company that promises high returns, thereby fueling massive terror. Then, the criminals who received your money transfer the funds into digital currency and pass the coins through special services. The so-called mixers allow terrorists to confuse the traces of the transfer, making the transaction as confidential as possible. The resulting cryptocurrency, which is not involved in crimes, is taken to criminal platforms. On the “dark side of the Internet,” terrorists buy weapons, explosives, forged documents, and everything else that helps wreak havoc and destruction.