Articles for tag: Cryptocurrency, Digital Assets, financial institutions, FinCEN, ISIS, money laundering, terrorism financing

Market News

ISIS Laundering $25K Monthly via Crypto, US Officials Warn of Growing Digital Threat

A faction of ISIS is reportedly laundering around $25,000 each month using cryptocurrencies, as revealed by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN). In a warning issued recently, FinCEN informed banks that ISIS is increasingly utilizing digital assets, like virtual currencies, to support its activities. The agency highlighted that ISIS and its affiliates are ...

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