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Terrorists Prefer Cash to Crypto, According to Congressional Testimony - by C. Edward Kelso

Posted: Mon Sep 10, 2018 8:54 pm
by nandibear
Terrorists Prefer Cash to Crypto, According to Congressional Testimony
news.bitcoin.com
by C. Edward Kelso
September 9th, 2018

Excerpt:

In prepared testimony given before the U.S. House of Representatives Financial Services Committee, Yaya Fanusie, director of analysis for the Foundation for Defense of Democracies, explained how though terrorists have tried to raise funds through cryptocurrencies, instances are rare to non-existent. Instead, groups seeking to cause mayhem much prefer good, old cash.
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Read entire article: news.bitcoin.com/terrorists-prefer-cash-to-crypto-according-to-congressional-testimony/

Re: Terrorists Prefer Cash to Crypto, According to Congressional Testimony - by C. Edward Kelso

Posted: Thu Dec 27, 2018 8:16 am
by Oretegalv
There is no doubt that terrorists will prefer cash to cryptocurrency. Cash is a physical thing that can moved to place to place. The authorities can pinpoint or locate the postion where the cryptocurrency transaction could occur. I hope that the authorities will take strict action against the transaction points.

Re: Terrorists Prefer Cash to Crypto, According to Congressional Testimony - by C. Edward Kelso

Posted: Tue Feb 05, 2019 4:47 pm
by Torahano
I believe that money laundering is the biggest dark spot in the world of Cryptocurrency. I hope that the authorities will find a way to control it. It is a serious allegation that terrorists prefer Cryptocurrency. The world needs to stand together to fight and root-out terrorism.

Re: Terrorists Prefer Cash to Crypto, According to Congressional Testimony - by C. Edward Kelso

Posted: Sun May 12, 2019 12:00 pm
by Oretegalv
There is no doubt that there is no replacement for cash till now. Cryptocurrency has a lot of things that need to be addressed. Money laundering is the main reason that terrorists get the funds to carry out their illegal activities. The source needs to be checked.

Re: Terrorists Prefer Cash to Crypto, According to Congressional Testimony - by C. Edward Kelso

Posted: Sat Oct 10, 2020 7:20 pm
by nandibear
Bumping topic this to the top of this board on the forum.

Re: Terrorists Prefer Cash to Crypto, According to Congressional Testimony - by C. Edward Kelso

Posted: Fri Oct 16, 2020 8:20 pm
by WalletInvestor
This kind of makes sense. Cash is still the most anonymous payment method out there.