Bitcoin donations to ISIS soared day before Sri Lanka bombings

Bitcoin’s anonymity, availability and the ease with which unsupervised international money transfers can be achieved have made it the favored means of financing for terrorist organizations including ISIS. “Globes” can reveal that an investigation conducted by Israeli blockchain intelligence startup Whitestream has found that on the day prior to the Easter bombings in Sri Lanka, there were exceptionally large transfers in the bitcoin wallets that ISIS uses to raise contributions. Militant Islamic terror group ISIS took responsibility for last month’s Sri Lankan bombings, which claimed the lives of over 250 people.


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