NE Global: Cryptocurrencies: The new age of terror financing
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CEP Senior Director Dr. Hans-Jakob Schindler writes: "Historically, terrorist financing included donations, the misuse of non-profit organisations and criminal acts such as kidnapping, theft or the illicit drug trade and more recently, the exploitation of natural resources. However, with the growing adoption of new technologies, the misuse of cryptocurrencies by violent extremist groups and individuals has emerged as a new and additional financing technology. "
Fact:
On October 7, 2023, Hamas invaded southern Israel where, in the space of eight hours, hundreds of armed terrorists perpetrated mass crimes of brutality, rape, and torture against men, women and children. In the biggest attack on Jewish life in a single day since the Holocaust, 1,200 were killed, and 251 were taken hostage into Gaza—where 101 remain. One year on, antisemitic incidents have increased by record numbers.
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