ISIS parks the money in Bitcoin, experts say

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Just days after a hacker organisation Anonymous pledged to hunt down Islamic State members and launch cyberattacks opposite their accounts, a apart organisation of techies claims it has identified a pivotal appropriation entrance for a apprehension network – bitcoin accounts.

Ghost Security Group, a common of mechanism “hacktivists,” says it has located several bitcoin accounts that ISIS uses to criticism operations. One criticism contained $3 million value of bitcoin, a GhostSec member told Michael K. Smith II, a co-founder of Kronos Advisory, a inhabitant confidence advisory firm.

GhostSec “wants to make an impact in counterterrorism,” Smith said, adding that a GhostSec member reached out to him given supervision officials were not profitable tighten courtesy to a allegations.

Related: Has Anonymous’s fight opposite ISIS been doing some-more mistreat than good?

Smith pronounced U.S. counterterrorism officials are endangered that ISIS is appropriation bullion and regulating countless financial tools, including bitcoin, to daub into markets. A Treasury Department orator pronounced a group couldn’t criticism on accounts allegedly related to terrorists unless a dialect has taken open action.

But bitcoin – an unregulated and probably untraceable form of online banking that circumvents a normal banking complement – is on a government’s radar, given it could

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