According to a recent article, DPRK is increasingly using cryptocurrencies to evade sanctions and gain access to foreign currency, specifically US dollars. Previous reports have indicated that North Korea has stolen cryptocurrency as part of its efforts to evade international sanctions. Lourdes Miranda and Ross Delston have stated that North Korea is creating its own […]

A suspected Dutch jihadist affiliated with ISIL, known only has “Mohammed G”, is believed to have been involved in the kidnapping of a British couple in South Africa.  Mohammed tried to use the woman’s credit card in an attempt to buy Bitcoin.  Mohammed was part of a cell of other individuals who wanted to raise […]

A website dedicated to funding ‘jihadi projects’ has launched on the dark web. The website, which is essentially a crowdfunding website that receives donations through cryptocurrencies and is housed on the dark web, allows individuals to contribute to specific projects and buy material and equipment for ‘jihadis’.  Donors provide funds through three cryptocurrencies: Bitcoin, Monero, […]

The Russian intelligence officers accused of hacking in the Democratic National Committee and Hillary Clinton’s 2016 presidential campaign used bitcoin to finance their operations. The hackers used more than $95,000 to purchase computer servers, register website domains and pay for other “unspecified hacking activities”.  They used some of their bitcoins to pay for the registration […]

According to a recent report, terrorist groups including Al Qaeda and ISIL are increasingly turning to Bitcoin to finance their activities. The authors cite several examples, including: The tech talk section of Al-Haqiqa, a pro-Al Qaeda English-language magazine, released in February 2018, examined the permissibility of using Bitcoin and other cryptocurrencies to fund their activities; […]

On 17 May 2018, reports indicated that a Canadian in Thunder Bay, Ontario, used proceeds from his coffee business to finance the alt-right. Thomas White donated some of his profits to the Daily Stormer legal defence fund and other causes such as Chris Cantwell’s (the crying neo-Nazi) Legal Defense Fund, the Right Stuff forum, Identity Evropa, […]

Southern Poverty Law Centre has released an analysis of alt-right financing using bitcoin. The group has compiled profiles of alt-right groups and individuals with links to their bitcoin wallets from which you can see how much money each individual or entity has received through bitcoin transactions. While bitcoin has often been lauded  for its anonymity, […]

If you’re looking for a broad overview of the cryptocurrency sector, look no further, as Cambridge’s Centre for Alternative Finance has produced an in-depth analysis on the subject. It provides a robust overview of the different industry sectors (exchanges, wallets, payments and mining) with loads of visuals and data. The one thing missing (though likely […]