Inaccurate methodologies have resulted in overstated metrics about the use of cryptocurrency by terror groups fighting Israel, according to Chainalysis. The analytics company has tried to “correct the record” on crypto’s role in terrorism financing amid ongoing hostilities in the Middle East.
Terrorism Financing Is a Small Portion of Already Small Illicit Crypto Volume, Says Chainalysis
Blockchain forensics firm Chainalysis has turned attention to some “overstated metrics and flawed analyses” in recent reporting about the leveraging of cryptocurrency by terrorist groups like Hamas, Hezbollah, and the Palestinian Islamic Jihad.
While working in support of efforts to freeze and seize digital assets that may be used to fund their activities, the analytics company recognized that some terrorist organizations raise, store, and transfer funds using crypto. At the same time it also pointed out:
Terrorism financing is a very small portion of the already very small portion of cryptocu
We współpracy z: https://news.bitcoin.com/cryptos-role-in-terrorism-financing-overestimated-chainalysis-shows/
