Evidence of crypto usage by ISIS is 'mounting': TRM Labs
Blockchain intelligence platform TRM Labs revealed that Tether (USDT) on the Tron network was being used for most of the transactions. Blockchain intelligence platform TRM Labs recently released a report that presents several case studies highlighting the use of crypto currency by ISIS affiliates across Asia. It linked 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 crypto currency to help facilitate operations. According to TRM, the majority of transactions linked with the cases involved the use of Tether (USDT) on the Tron network (TRX). Extract from 'TRM Finds Mounting Evidence of Crypto Use by ISIS and its Supporters in Asia' report. Source: TRM Labs On July 21, Cointelegraph covered a presentation by Tara Annison, Elliptic’s former head of t...