🌋 Terrorist groups are actively using stablecoins
posted 16 Oct 2023
According to Israeli intelligence agencies, stablecoins such as USDT, USDC, and USDD on the Tron network have emerged as the important conduit for channeling funds to terrorist organizations like Hamas, ISIS, and Hezbollah.
The volumes of financing involved, roughly around $1 billion, have far exceeded the expectations of analysts.
What's particularly intriguing is that the foremost wallet in terms of volume had never previously been disclosed on the internet, along with many other associated addresses.
Furthermore, many of these transactions are closely linked to the well-known Russian financial pyramid, Amir Capital, and several transfers even originated from hot wallets on Binance.
According to analysts, following the publication of this data, terrorist groups have discontinued the use of the identified wallets, but it's unlikely that they have completely abandoned such financing methods.
The volumes of financing involved, roughly around $1 billion, have far exceeded the expectations of analysts.
What's particularly intriguing is that the foremost wallet in terms of volume had never previously been disclosed on the internet, along with many other associated addresses.
Furthermore, many of these transactions are closely linked to the well-known Russian financial pyramid, Amir Capital, and several transfers even originated from hot wallets on Binance.
According to analysts, following the publication of this data, terrorist groups have discontinued the use of the identified wallets, but it's unlikely that they have completely abandoned such financing methods.
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