Evidence of crypto usage by ISIS is ‘mounting’: TRM Labs By Cointelegraph

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Blockchain intelligence platform TRM Labs recently released a report that highlighted the escalating use of cryptocurrency by ISIS affiliates across Asia. It linked significant on-chain connections between these groups and pro-ISIS fundraising campaigns in Syria.

Published on July 21, the report indicated that there was “mounting on-chain evidence” from the past twelve months that pro-ISIS networks in Tajikistan, Indonesia and Afghanistan have utilized cryptocurrency to help facilitate operations.

Extract from ‘TRM Finds Mounting Evidence of Crypto Use by ISIS and its Supporters in Asia’ report. Source: TRM Labs