Despite its territorial losses, IS used cryptocurrencies to raise funds The US government says it has thwarted attempts by militant groups to raise funds using digital currency, or cryptocurrency. The campaigns involved Hamas’ military wing, the al-Qassam brigades, al-Qaeda and the Islamic State group (IS). US officials said about $2m […]

“Terrorist networks have adapted to technology, conducting complex financial transactions in the digital world, including through cryptocurrencies,” said Treasury Secretary Steven Mnuchin. John Demers, head of the Justice Department’s national security division, said authorities had seized cryptocurrency worth about $2 million, which he called “a significant dent” that will make “a […]