Blockchain intelligence platform TRM Labs recently released a report highlighting the escalating use of cryptocurrency by the Islamic State of Iraq and Syria (ISIS) affiliates across Asia. It linked significant on-chain connections between these groups and pro-ISIS fundraising campaigns in Syria.
Published on July 21, the report indicated that there is “mounting on-chain evidence” from the past twelve months that pro-ISIS networks in Tajikistan, Indonesia and Afghanistan have utilized cryptocurrency to help facilitate operations.