Indonesian Investigator Claims Bitcoin is Funding ISIS Operations

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For the umpteenth time, a government official claims there is a correlation between Bitcoin and terrorist group ISIS. Faisal Tayeb, Head of Investigation of Special Detachment 88, made that statement to the press last night. Officials are struggling to shut down funding options for terrorist activities, so they point the finger of blame at Bitcoin. So far, no credible evidence to back up these claims has been presented.

The Indonesian government is facing a lot of issues right now, one of which is terrorist activity. Or to be more precise, they are facing issues when it comes to cyber-crime related to terrorist activities. As it turns out, ISIS and consorts receive a fair amount of funding on an international level, yet no one is sure where the money comes from.

Moreover, the group’s reliance on social media to recruit new members does not sit well with the Indonesian government either. Similarly to most other countries in the world, the region has seen its share of radicalization in recent years. Most of those new members recruited from Indonesia were targeted through social media activities.

There is No Connection Between ISIS and Bitcoin [Yet]

Estimates indicate roughly 1,000 Indonesian citizens are currently

Read more ... source: NewsBTC USA