Bitcoin Report: ISIS Utilizing Digital Currency to Fund Terror Operations, Conceal CashBased on the discovery of the hacker organization Ghost Security Group, ISIS is using Bitcoin to hide its terrorist activities. Ghost Security Group, which is composed of techies, says it has found several cryptocurrency accounts that the Islamic State uses to fund their terror acts. One account had more than $3 million worth of virtual money, a Ghost SG member divulged to Michael Smith II, a co-founder of national security agency Kronos Advisory.
In an interview with Fox News, Ghost Security Group revealed that it has tracked down several digital currency accounts used by ISIS. According to Smith, “GhostSec wants to make an impact in the field of counter-terrorism,” stressing that a GhostSec member contacted him because government officials were not paying close attention to the allegations.
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