Thursday, February 2, 2023
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Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists – Africa Bitcoin News

The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele as soon as he is seen in public. The DSS is still seeking to apprehend Emefiele despite losing its bid to have a Nigerian court

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Terrorists are funding their horrible deeds with crypto: UN officials

Terrorist groups who have been excluded from the “formal financial system” have turned to crypto to fund their heinous activities, according to Svetlana Martynova, the Countering Financing of Terrorism Coordinator at the United Nations (UN). The UN official made the comments during a speech at a “Special Meeting” run by the

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House Dems request Trump admin. briefing on crypto seized from terrorists

On Monday, two Democratic Representatives asked the Trump administration to provide more information on cryptocurrency recently seized from terrorists.According to an Aug. 26 report by The Hill, the request is related to the millions of dollars in crypto assets that the U.S. Department of Justice seized from several terror organizations.

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ISIS Terrorists Presence Detected on Blockchain Messaging App BCM

Recent private monitors online have discovered that the Islamic State of Iraq and Syria (ISIS) terrorist organization has been using the messaging app BCM that is developed with blockchain technology to communicate with its members while remaining undetected by the authorities.The nature of blockchain technology can also allow the terrorist

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Australian Home Affairs Minister Says Terrorists Use Crypto to Obfuscate Crimes

The Australian Minister of Home Affairs Peter Dutton warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions.”During a counter-terror conference in Melbourne on Nov. 7, Dutton said that the anonymity of cryptocurrencies allow extremists to avoid scrutiny. He stated that the increased use of digital currencies, stored-value

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US Treasury Official: Crypto Could Be the Next Big Thing for Terrorists

While delivering a speech to the Annual International Conference on Counterterrorism, a U.S. Treasury official reaffirmed the U.S. government stand on crypto. The Under Secretary of the Treasury for Terrorism and Financial Intelligence Sigal Mandelker stated that this new class of digital assets could be the next frontier in funding

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New Report Sheds Light on how Terrorists Exploit Cryptocurrency

A first of its kind 250-page report by Middle East Media Research Institute (MEMRI) revealed how cryptocurrency is being used to operationalize terrorism around the globe by supporting the fighters, their families, purchasing equipment.The report was published at a critical time when the Financial Action Task Force, under the wing

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