According to a report published by Europol, crypto is one of the main tools used by individuals linked to terrorism financing. PayPal, MoneyGram, Western Union, and traditional banks also made the list, contrary to what some government officials have said about digital assets.
The 2022 “European Union Terrorism Situation and Trend Report”, claims there are many “legal sources” used to fool law enforcement agencies and fund criminal activities. Bad actors are still able to create international monetary networks to support their operations.
These actors obtained “donations” from individuals in Europe and then transfer the money via non-profit organizations, such as false religious and humanitarian efforts, transfer via banking institutions using small amounts of money, cryptocurrencies, and crowdfunding websites.
The latter include platforms such as YouTube, Patreon, and GoFundMe. In addition, these criminals allegedly have access to Amazon Pay and PayPal to launder and transfer their...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...