Bitcoin Forum

In recent Paris attack The Anti-terrorism group of ethical hackers, Ghost Security Group (GSG), said that ISIS regularly uses cryptocurrencies to fund its terrorist operations and they have have found a BTC address associated with them and found that they have worth 3 million bitcoin in there account!
That's really disgusting!

Sources: http://thehackernews.com/2015/11/paris-attacks-isis-funding.html
              https://www.cryptocoinsnews.com/ghostsec-isis-bitcoin-wallet-worth-3-million/

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They haven't show us yet any solid proof about this
But then, i think there's nothing wrong with BTC used as illegal stuff
You know, way back before Bitcoin exist this kind of group of terrorist already using Gold,Fiat, any sort of currency for their transactions ::)
Bitcoin is not the culprit in here, anything can be illegal if it was used in the wrong way ;)
The only thing i worried about this is that people would be scared of using bitcoin and thus not making bitcoin mainstream :(

Also giving bad repo to Bitcoin and discouraging other people.
If they have any proof they should take an action against that Bitcoin account!

https://www.washingtonpost.com/news/morning-mix/wp/2014/06/12/isis-just-stole-425-million-and-became-the-worlds-richest-terrorist-group/


They have many more millions in dollars... of course tho Bitcoin is going to be used by the bad guys too, but guess what the internet gets used by the bad guys too. Innovation will always be used for good or bad just like everything else.

Even if it's true information, i don't think it will affect Bitcoin, because fiat is used as well by terrorists before the creation of this cryptocurrency and this don't affect fiat, people can using the money (fiat or cryptocurrencies) for legal or illegal purposes

Maybe yes maybe no. as we know it today bitcoin is very often used illegally, and therefore could ISIS use bitcoin to buy weapons or other equipment

If someone says that these guys use Bitcoin, I believe in them... Just like it's a fantastic tool for regular people, it's also a fantastic tool for terrorist groups, unfortunately. But I'd definitely like to see those addresses and proof to who they belong.

Maybe they use Bitcoin but I hope not.

Well people say they use because with bitcoin you can buy illegal stuff that is why.

It is very likely that they are using it. They prize to be able to move around any country by infiltration of yihadist among normal citizens, so How come they would not use a kind of money you can transfer from a country to another with almost no fees, without banks intermediation and with no question asked? The logical thing to think is they are using it.

There is a lot of site on the Darkweb that permit you to fund islamic terrorism, so this don't surprise me a lot. Some of them might be fraudulent but I'm afraid that some might also be legit :-\...

Ignore this sht they r trading n making money of exchanges isnt that the reason for most of these stories

Does anybody know these guys' private keys? I imagine we could put some hurt on them if we exerted ourselves a little bit. :P ;)

Even if this is true, thats change nothing. For many years they used fiat currencies and nobody make problems. If they want they can pay in pokemon tokens..

the real question is, is this beneficial for bitcoin? yes? then who care let them use it

no? then ok they are probably going to use this for something small not going to impact the bitcoin scene to much, and btw this was not a recent news, it was said early this year already...

now we are at the stage of repeating the same fud, very nice...

And who knows behind the name of "islamic terrorism" there is something else. Because you know it is darknet. Noone knows the real truth.
Bitcoin was bad because of this shitty news.

Hello!!

Oil is main source or isis and al-qaida fundation. In here Finland theres program about it.
Bitcoin funding terrorism, that is bullshit.

Yes , they are also using cars and planes and fiat and things that other people use but that doesn't mean anything . Does it ? the problem is the media who are trying (for one reason or another) to show people that Bitcoin is only for Blackhat hackers , Criminals and terrorists .

You have right. Only Banksters and Governments are affraid of Bitcoin and they produce media campaigns against Bitcoin. When Bitcoin will be stronger the attacks will be stronger. We have to get used to it

Bitcoin is a free and decentralized software that can be used by everyone so it wouldn't surprise me that they are really using Bitcoin. If this would make their dirty endeavors easier and more efficient then they might be using it.

They are also using Internet and Internet makes their endeavors easier. I wonder should we then ban Internet as well. Fiat as well, etc..

I guess we'll never know 100% sure if they transfer money via Bitcoin or not..

No propaganda

if at all true, then it has to be one of these addresses:
http://ondn.net:800/

so any bitcoin analysts care to investigate?

So they are mining bitcoin or buying it with fiat?
Now lets go back to the mining thing: they use an ordinary computer or a miner hardware (such antminer...etc); so if they use the first one then i could say that this isn't profitable and they can't made a million btc. The second possiblity they need to buy thoses expensive miners with fiat!
Q: Nah maybe they bought btc? A: with fiat

Thoses genius hypocrites think they are talking to donkeys not humans with brains.
-Stupid media and retard agencies-

This is a perfect way of governments getting what they want....to see bitcoin taken off line. Before this wasn't money used for the longest time. I don't think the issue should be how to prevent it. Did anyone hear if they were refuges?

Logically thinking, it's very clear they use crypto's to fund illegal activities. They're criminals. Why would they use easily traceable fiat currencies? Considering they are probably making purchases internationally, sending hundreds of thousands of dollars isn't easy with cash. Bitcoin is the easiest form of payment. Unfortunately, this will be tainting BTC's reputation worse than silk road if mainstream media gets a hold of the story and make it a big deal (as they do with everything).

If they would, this would be pretty stupid:

http://www.bitcoinisnotanonymous.com/#bitcoins-are-traceable

ISIS might be using Bitcoin but probably aren't for the same reasons most of the rest of the world isn't. Too volatile too hard to exchange too open to hacker theft... Which, if they prove and show the address, would pretty much mean "open season" for those millions. If someone can hack them and steal those coins it would be welcomed by the rest of us!

Altough there is no firm proof of these news but then also because of bitcoins qualities it is easy to use for funding and that's why there are 100 percent chances of this news to be true.

a lot of discussion about this happen but in the end they say its just a lie or black propaganda
but still there are some possiblity that they also use it
but even in the bad way its still a good advertisement for bitcoin
because they cant just blame bitcoin because its just a currency
even they make a lot of black propaganda about bitcoin it will just keep going
cause there still a lot using it

My view is that this doesn't change Bitcoin's reputation a bit even if it's true. Articles are probably lie, but it seems quite plausible they are using what is the ONLY money in the world right now.

Even it is true Bitcoin is not the bad thing here is just the people.

They make more money on Oil than BTC so yeah.

They probably are, because as we know Bitcoin is the fastest way to send money anywhere and anytime.
And Bitcoin is anonymous, so it's "little bit" safe for them to do a transaction.

I don't see how this would shed bad light on bitcoin

They're probably using US dollar too and whoever knows what other currency they are using

Yes they might be using bitcoin for illigal activity but they are doing the same with the dollar

Plus, I haven't seen any solid proof of this.

Maybe, you should check this thread
https://bitcointalk.org/index.php?topic=1254539.msg13010916#msg13010916

I can not imagine if isis using bitcoin.
but I think fair if they use bitcoin. because it is a digital currency. They also possible to using the US dollar and other currencies

I can't even imagine ISIS being real.

i cant find the articles on internet,everything used by isis is not our busines,we just bitcoiner,no matter if isis using bitcoin or not. and they are have right to use bitcoin. but we dont care about it,lets just make isis not use bitcoin,and burn they  ;D

Because the banks are the ones who finance this conflict. The banks are not using bitcoin so the IS has to use USD as the banks do.

Hey you know what dude? Take care ISIS is also using dollars xD
BTC is a currency, a currency is used to exchange goods and services. Why wouldn't it be used by ISIS?
Especially because it's a universal currency so...

Just hope it won't harm bitcoin.

As it's cleared that fiat currencies cannot be used by terrorists for their demonic materials.
They need an international currency. Digital currencies are the oy remaining option. But, bitcoins are not the only digital currency. Litecoins and many such other currencies do exist. So simply pointing finger towards bitcoins is not right. Other currencies may be used here. So, answer is - not sure.

Very true... I see Anonymous {The Hacker group} already declared WAR on ISIS and they targeted Twitter accounts, used for communication. You could just imagine if they got

hold of a Bitcoin addresses used for terrorism funding. They would create havoc and you would see ISIS soldiers running around with air pistols and knives.

Bitcoin is definitely not the safest and most secure method of payment, when you use it in the wrong way.  ::) ... I would actually prefer them not using it, but if they want to

use it, they should suffer the consequences when it gets hacked.  ::)   

They might be using bitcoin but since bitcoin is anonymous, you can't really track them down

Unless of course you're part of Anonymous, yes they did indeed already declared war with ISIS

So they might be able to hack ISIS and rek their funds

Well yeah.  The CIA has to give money to ISIS somehow.

But no, I would imagine those reports are pretty exaggerated.  I've never been to Syria or Iraq, but I'm assuming it's a little difficult to cash bitcoin out there.

I hope not. But if so I don't think they earn so much with BTC.

Oil is the main think for them.

I think this would be a terrible thing for Bitcoin if it is true.  They say all press is good press but I don't think it is actually good when ISIS is associated with it.

I dont think so. But if so nothing will happend with bitcoin.

They are using it as a currency, like other terrorist groups use the dollar etc.

Isis is a terorrist organism. Proof? They attacked paris.
Isis used bitcoin as fund resources. Proof? Nothing.

ISIS are using dollars and oil, what's the issue? It's the same stuff all over the world.

hehe, this is a good idea. I'd say at the time of posting (2015-09-20) the Bitcoin price was around $231: http://bitcoincharts.com/charts/bitstampUSD#rg90zczsg2015-09-19zeg2015-09-21ztgSza1gEMAzm1g10za2gEMAzm2g25zv

This makes BTC 12987

Top100 balances from 2015-09-20 anybody?

It's not disgusting.  It is what it is.

I remember them doing the same thing vs the Mexican drug cartel but had to stop because their members were getting decapitated.

Yes there i a probability they using it. In fact they are using all types of currencies depending on their location. does that mean that the currencies are bad? of course no it is just a channel of exchanging value that can be used by every one. The media should just be creative enough and come up with other better stories if they want it to sell. Bitcoin is going to do wonders in our generation and it is here to stay no matter what the critics say. My answer is yes

Yes it is a possibility that they are using Bitcoin nut that does not mean that Bitcoin is bad, Terrorism groups have been using all types of currencies but they dont criticize them why Bitcoin?

isis cant even use their brains not a hitech system

Having extreme belief in a religion does not make them stupid. You should not underestimate your enemy. Anyone use Cash, anyone use BTC. Not that it matters anyways.

Money is like food, or a car, it does not matter who use it. People should do better things with their time than point fingers at silly things.

Having extreme belief in a religion makes every human being a moron and this is a fact of stupidity.

Blind belief is indeed silly. But it does not reduce your IQ. Beside the moronic things that come from having extreme beliefs, they can still understand and use and create technology like any others. Every group has geniuses, the problem is here they use their intelligence to terrorize people.

Dumbass, The German had more invention breakthroughs than any countries in the world while under Hitler's belief.

However i already see the mountain of idiots from the Western countries already just from the recent social media outburst about the Paris attack.

nazi facist alert.

Isis financial manager goes to LBC iraq and tries to convert his btc into local cash. Nice one.

What? You must be joking. Can't imagine what his handle is on there.  :D

Of course i'm joking. But that is how ludicrous it is the notion of ISIS using BTC

Well, even if they are I don't know why this is the fault of Bitcoin. They are also using Guns and Bombs to kill innocent people, I don't see anyone blaming the weapon companies, when the attack happened there were also reports that they used Steam chat to communicate, there is also news that there are supported by 40 countries who fund them for Oil I suppose but no all this is because of Bitcoin. It's completely BS is what it is.

The people who hate Bitcoin are doing all this to spread bad words about it.

Exactly that

i think that they use playstation 4 for their communication and not steam. I have read it this days.

Bit coin allows anyone to send money to anyone else while enjoying a high degree of anonymity. It’s already been used by paedophiles and drug dealers. Naturally, terrorists would be the next to build up a fortune of Bit coin. At least, that’s what a wave of scaremongering articles want you to believe.

Anybody can use bitcoin for good or bad causes. If we use it properly and widely, it means most use of the bitcoin is by good people.

This!!

Just because bad people using bitcoin and we can blame bitcoin.

Everything has good thing and bad thing. It just matter of the people how to use for achieving their purpose.

Even if they do use bitcoin, it's not bitcoin's fault. And even if it was bitcoin's fault, there's nothing that can be done to stop them from using it. :-\

kind of funny

the paris attackers lived in brussels, and sold their bar(pub) to buy the weapons and rent a car...
so no bitcoin use there...

the british attack on 7/7 2005 and american attack in 9/11 2001 was before bitcoin was even invented.

so will people please use logic and common sense, then read beyond the headline and research facts..

No.. Anonymous is wiping them off the internetz.

So are other organisations.. one by one..

Global community firewall?

well that is different, becaue you know hitler was taking decision, now tell me what decision god can take and direct? none

they are basing their decision on immagination

don't see why not since it is used for alot of blackhat activities without any traces.

I think it's nonsense to blacken bitcoins name and image.

Banks move funds and launder cash for terrorists since 2012.

http://www.forbes.com/sites/afontevecchia/2012/07/16/hsbc-helped-terrorists-iran-mexican-drug-cartels-launder-money-senate-report-says/

They're still doing it.

Even if they are using bitcoins as payment or funding. There's nothing you can really do about it, just like how they are able to use the dollar and who knows whatever what currencies they can get their hands on to.

They don't need to use bitcoin.

Banks already do everything they need.

http://www.forbes.com/sites/afontevecchia/2012/07/16/hsbc-helped-terrorists-iran-mexican-drug-cartels-launder-money-senate-report-says/

They got caught.  Got a slap on the wrist.  They're still doing it in 2015.

http://www.theguardian.com/business/2015/jun/04/hsbc-fined-278m-over-money-laundering-claims

I dont know,and i dont find any true article about this
.but i dont care and i think this ia not affect to us,bitcoin user

that doesn't even matter. the truth is that they are using USD and US arms and US bombs... In the end it all goes back to the USD...

The use of bitcoin is depending on people that used it, whether for a bad thing or a good thing. Yeah,we'll know that bitcoin is very suitable for illegal stuff, but I still standing on bitcoin side  ;)

I hate how all this stuff demolishes Bitcoin's reputation. Bitcoin is a great cryptocurrency and it deserves better. But Bitcoin also tends itself to hacking so I am not too surprised to see this. You also didn't provide us with trustworthy sites. Other sites can just post what they want.

Don't believe everything you read on the internet.

I think ISIS use also a bitcoin, because they like anonymous , prefer in gamble,

i don't think bitcoin is used by ISIS because there was no real evidence shown with any artical that said isis using bitcoin to terrorize peple

Exactly. We need some solid evidence before we can believe this accusation or theory.
1 problem with currency in general is that it can be used for illegal uses, but every time something illegal happens to Bitcoin, people seem to make it a bigger deal than it should actually be.
Yeah....it is kind of bad that this happens because it means Bitcoin is 1 step further from becoming mainstream.

No one ever said that ISIS was using Bitcoin to terrorise people, isn't that kind of weird, Bitcoin isn't made for illegal purposes. It is what people do with Bitcoin that is sometimes illegal. I don't like the fact that Bitcoin gets blamed for all this kind of illegal stuff. Everything bad that happens, people find a way to bring Bitcoin into it.

ya there is no way they are using Silk Road v3 to buy AK's
And NO i don't think they have anything to do with Ransomware
The guys who make 325 million a year are not related..

The ethical hackers are just FUD'ing for cheap coins.. NO NOM NOM

Moon arise chikun etc etc

those darn Trolls :(

What if the answer is yes, would you stop using Bitcoin?
There is no point to discuss about this in here, because whatever happens we will definitely would continue to use Bitcoin.

Maybe this would answer your question:

https://bitcointalk.org/index.php?topic=1057355.0

There's a note in there saying that they're not affiliated with the group though. I kind of doubt it. A little.

Maybe it is, maybe it is not. Whoever are using Bitcoin that's their personal business. Should we consider stop using water because so many people were drowned in it?

isis probably use petrol-dollar, narco/army-traffic dollar and other fiat currencies to buy army and make propaganda.

IS might use bitcoin, but that is a very small proportion of the total spending of IS. Their main income is from oil smuggling into Turkey and donations from Sunny Muslins.

I don't think so. Bitcoin is not anonymous enough. Don't forget that gouvernment can always see what's going on with all transaction.

Its all crap.  I guess any news is good news.

This will just make people curious really.

I heard bitcoin back 2012 but hardly even tried using until someone offered me to receive a payment from them through bitcoin hence I created a wallet. Later did I know I can earn more with btc plus anonymity as a bonus.

Its what they do thats wrong, not btc's fault.

Let's be honest, IS has no use for Bitcoin that isn't already covered by an existing currency. It would also be infinitely harder for them to make use out of it, since the Internet, and a willing buyer, are both required.

Personally, I think they're using the Euro. If any allegations about Turkey trading with IS are true, then they would have a means of getting a valued, moveable, and fairly accepted form of currency into their treasury.

I don't mean to be a conspiracy theorist or anti-immigrant or anything, but this would also help IS make any "sleeper agents" look somewhat more like legitimate refugees, as US Dollars would likely look out of place or have a mildly more difficult means of acquiring the accepted currency.

Honestly, I would not be surprised if IS was using Bitcoin, but I doubt it.

Also with the anonymity arguments;

The gov't knows where IS is, so they have nothing to lose. The only person that might have an issue is the buyer, but IS could probably circumvent anything like this by having the coins run through one of those "coin washers" or whatever.

Its true that bitcoin is not anonymous (http://www.bitcoinisnotanonymous.com/), but its not a full truth by saying that "gouvernment can always see what's going on with all transaction". Frist, eveyone can see it, as blockchain is public. But, linking transaction to real identities of people makimg is not stright forward. Even for government.

yeah and..how they can know, if that exact transaction belong to isis? there is no way, it could be an exchange or a rich guy or whatever

so isi can use bitcoin how much it want no one will know shit unless they convert

If they really using bitcoins...
it is a very bad news for bitcoin .
as it will affect the users of it..
i just hope that the governments dont do anything bad in bitcoin.
:(  well good luck to us.

I wouldn't believe it. Bitcoin isn't anonymous. Sure, can you use it to buy stuff illegally off the dark web? Yes. But to say that without absolute proof is a little bit too far. Show me evidence and show me proof, i'll take this claim more seriously.

maybe "they" try to hurt bitcoin on purpuse with those bad news because bitcoin itself was viewed a threat to the regular banking system way before anyone even assumed isis is using bitcoin

"they" would do and use everything to hurt bitcoin if its aa threat to their establishment

How is it bad news for bitcoin? It's just like saying that the terrorists are using the dollar, how is it effecting the dollar? and how is it effecting the users of bitcoin?

I doubt that Bitcoin will be hurt, because bitcoin is like money.
I don't think that ISIS want to hurt Bitcoin because that is a good source to buy illegal things and that is just sad.

There's no actual prove that they are using bitcoin. I don't see how this would put bitcoin in a bad light either. If they are using dollars as payment does that mean they are placing the dollar in bad light?

For now I don't believe it until I see actual prove of this. I don't think they are using bitcoins, I believe they use the black market to get their weapons and pay with cash.

One of the accounts they analyzed was found to contain $3 Million in US dollars worth of Bitcoin - See more at: http://thehackernews.com/2015/11/paris-attacks-isis-funding.html#sthash.ThiqoELQ.dpuf

Any early adapters of bitcoin can have that much worth of bitcoin so no reason for them to claim it is ISIS funds. I think this is only to create panic among the users.

Yeah agreed, whatever ISIS or any other bad stuff do by using bitcoin I would keeping used bitcoin.. There is no point for stopping us from using bitcoin.

The matter of concern should be ,where is all this money coming from? Not like ISIS have excelled at mining and they have 100's of miners to fulfill their war needs,They're being funded by some associations which are using cryptocurrencies as the way to get away and hide.

I also heard this news on a facebook post from a known german newspaper which said that their organisation had around 3 million dollar in btc.

makes sense. They need only mobile phone and can send and recive money on desert

Bitcoin is eveywhere and can be used like fiat currency.

If it's used by ISIS then it's no surprise. It's just that some news are exaggerated when broadcasting bitcoin is used by illegal acts.

ISIS also used US dollars as well as euros or any other currency that suits them at some point.For those who do not like Bitcoin this is just another opportunity to display it in a negative light.

Bitcoin can be used by anyone, it's up to you to use it for legal or illegal stuff.

Maybe they use Bitcoin for illegal things, but there main source is oli so yeah.
By the way with bitcoin can every one use it so it doesn't matter who it use.
I know that some bitcoiner here bought some illegal things.

The fact the mainstream media keeps talking about this nonsense prove how little they know about Bitcoin. It is way easier to get their illicit activities funded with cash rather than Bitcoin. First of all I doubt they know how to properly do the whole thing, which means proper knowledge of mixing, outputs and inputs, tor... it's really annoying, they get things easily done with their illegal oil and drugs business.

It is so funny that people whine about bitcoin being used by criminals, fact still stand that cash is the biggest one and that will not change in the years to come.
Yes banks are more often involved with criminal business than bitcoinw will be for a long time.
But those sticking your head in the sand and saying bitcoin is not used by criminals is beyond normal reasoning.
Ofcourse its used by crimimals >PERIOD<
That will not change the fact that its still a handy way of sending some money to whatever means i want it to use for.
There are so many normal shops and non illegal people doing fair trades with it, so stop whining and use bitcoin as you like.

When have the mainstream media had an idea of what they're talking about  :D

The thing with IS is that they probably think Bitcoin is some great evil because it comes from the west and uses the evil thing called the internet. There is so little evidence that IS can and is using Bitcoin that it is useless to speculate about it. They make enough money from oil and gold sales on the black market, so there's no reason for them to have to change.

What's even funnier is the fact that IF they are using Bitcoin (and if they are it's like 0.00000001% of their source of income) they are most likely using Tor and Tor was developed by US Army/intelligence department, so should the US Army/intelligence be blamed to be the inventors of what allows for Bitcoin to be more anonymous? :D

It seems that ISIS people are very good in modern technologies so I'm almost 100 % sure they are using bitcoin.
Why?
All world is against them so they have to hide their identities and finances and Bitcoin is the best option for them.
 

We all not know until isis declare it officially.
But its not matter for every Bitcoiner,keep calm :)

It doesn't matter what they are using. ISIS is the problem, not Bitcoin. We can ban the Internet, weapons, cancel sport events, but the problem still will be there. If someone will fall for the propaganda against Bitcoin, I pity the fool.

They can use this because its good for them and peoples who are giving aid to them as both parties anonymous doing their stuff secretly

Last I have heard is that they are using Turkish dollars! $800 million worth of oil apparently they have sold to the Turks for the very nice price of - 50% under the current market value.

Now this is where ISIS is financed from and what they are really using and not Bitcoin!

The cash is here so long and disallow to use cash would not get you much popularity because everyone use cash. Also it would surprise nobody if ISIS is using cash because it is normal - everyone uses cash. But Bitcoin is quite different, Bitcoin is not used by many and may be viewed by majority as a suspicious easily then, it might be like Jude situation in early twenties - we are still the same humans with the same fears.

it seems that the news is true, we know there is no governing bitcoin probably because that isis using bitcoin for the purposes of buying guns, bullets, and other equip.

Its very likely but like some people stated we may never know it's all anonymous

The way I see it, this situation can only be used against us if they want and need to shut us down no matter what. But I don't think this is the case. I mean look, no new statements, dust has settled down and I think that we keep over mentioning this and worrying about it too much!

Nothing bad is going to happen to Bitcoin about this ISIS nonsense in my opinion!

Maybe they are using bitcoin, but that is just not the main thing for them. I think the main thing is the oil.

Maybe maybe use it.

Is this a bitcoin address for ISIS? Looks appropriate.

1Vio1entPedophi1eProphet88228FSmd

sure they will be using any mode of payment service, be it bitcoin or any other form of transaction that can really serve their purpose.

Of course they are using bitcoin! You think that it was just silkroaders that understand what anonymous money transactions can do. Think about it from a terrorist POV... they can pay people all over the world and basically be impossible to trace. In a world where we are waging cyber wars, it would take physical tracking to find out exactly where these terrorists coins come from in the end.

Although it really doesn't matter what currency they are using, lets focus on what's important and that is the activities these hatred fuel beings partake in... Also there is much interest in crushing crypto by certain groups of people in the world so don't buy into the idea that they push about how btc is used for bad things...

Certainly have the means, would not uncommon that most of the weapons bought by paying with BTC.

Distribution of services, which are being used by IS, should be similar to this of regular people. So they're using everything, including cash and some tiny amount of bitcoin, which is mostly used for online fundrasing.