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Australian Home Affairs Minister Says Terrorists Use Crypto to Obfuscate Crimes

Published 11/06/2019, 09:51 PM
Updated 11/06/2019, 11:41 PM
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 cards, online payment systems and crowd-funding platforms may provide new channels through which terrorism can be financed, adding:

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