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

Blockchain intelligence platform TRM Labs just recently released a report that highlighted the escalating use of cryptocurrency by ISIS affiliates across Asia. Extract from TRM Finds Mounting Evidence of Crypto Use by ISIS and its Supporters in Asia report. It specified:” Over USD 517,000 was sent in 2022 by individuals using an Indonesia-based exchange to addresses recognized by TRM Labs as belonging to pro-ISIS fundraising projects in Syria and the local exchanges that facilitate their activities.

Blockchain intelligence platform TRM Labs just recently released a report that highlighted the escalating usage of cryptocurrency by ISIS affiliates throughout Asia. Extract from TRM Finds Mounting Evidence of Crypto Use by ISIS and its Supporters in Asia report. It specified:” Over USD 517,000 was sent out in 2022 by individuals utilizing an Indonesia-based exchange to addresses determined by TRM Labs as belonging to pro-ISIS fundraising campaigns in Syria and the regional exchanges that facilitate their activities.