Bitcoin (BTC) continues to be linked to the funding terrorist activities

Ken Chigbo Independent Analyst

A woman from Long Island in U.S., has been reportedly charged with sending thousands of dollars in Bitcoin to ISIS in Syria.

Zoobi Shahnaz, has been accused of proving fake financial information to banks, in order to obtain credit cards and a loan.

Reportedly totalling more than $85,000, with the intentions of trying to send those funds over to Syria to fund terrorists.

There have been a number of links previously, that have established Bitcoin being used often by terror groups, given it is hard to trace. The likes of Monero and Dash, have also been linked.

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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