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Topic: looks like ISIS is fundraising with Bitcoin - page 2. (Read 2740 times)

legendary
Activity: 2179
Merit: 1201
Whuut CIA is paying ISIS with Bitcoins now? Well, it is way more annonym than $$$
hero member
Activity: 868
Merit: 1000
Quote
The bitcoin address listed on the site received around 5 BTC before being shut down.

LOL. I want to shutdown a few more addresses. Can anybody help me ? Smiley
i think he wanted to say shutdown of website not bitcoin address
donator
Activity: 784
Merit: 1000
Quote
The bitcoin address listed on the site received around 5 BTC before being shut down.

LOL. I want to shutdown a few more addresses. Can anybody help me ? Smiley
legendary
Activity: 1232
Merit: 1011
lol

you must be really stupid to collect bitcoins for terrorism activities. you can follow the trail that coins leave on the blockchain much easier than fiat.

and then...


hero member
Activity: 700
Merit: 500
Funding terrorism with 5 btc that will get them far lmao. 
hero member
Activity: 833
Merit: 1001
oh my why am i not surprised... looks like coindesk is whoring for mainstream media now..

"Israeli daily newspaper Haaretz has reported that S2T analyst Ido Wulkan managed to find concrete evidence linking an ISIS cell based in the US to fundraising activities. The cell apparently used the dark web and bitcoin to cover its tracks."
legendary
Activity: 3668
Merit: 6382
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January 29, 2015, 10:31:56 AM
#9
Good thing that they use Bitcoin. At least Bitcoin can be traced - within some limits, I know.
Maybe somebody really good will find out who funds those mofos and bring them to justice!
Coin mixing can be used to hide traces in the blockchain.


Coin mixing is not perfect - big amounts are not "perfectly" mixed, I heard.
Coin mixing is risky - you send money to a 3rd party and you hope you'll get money back.
Coin mixing is quite an advanced feature and I don't expect ISIS to spend much time on these forums.
So I still think that there's hope...
full member
Activity: 462
Merit: 107
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January 29, 2015, 10:26:44 AM
#8
Good thing that they use Bitcoin. At least Bitcoin can be traced - within some limits, I know.
Maybe somebody really good will find out who funds those mofos and bring them to justice!
Coin mixing can be used to hide traces in the blockchain.
legendary
Activity: 1937
Merit: 1001
January 29, 2015, 10:20:40 AM
#7
So? Whats your point here?
Aside from showing that bitcoin can facilitate terrorism funding (and according to that coindesk article, already is), that some people here think that terrorist jumping on board is good news that will help bitcoin go to the moon and that arguing that an association with terrorism is enough to bring draconian regulations to bitcoin and potentially kill it, none.

I don't think it's positive for the image of bitcoin, then again, people generally don't seem to care that the large majority of terrorism is funded in USD... It will be used as an argument against bitcoin but it's not all that strong. Bitcoin currently has much bigger problems that prevent its growth.

I don't think you want to restrict certain groups from using it either, that would break some very fundamental ideas on which bitcoin was created.

There are much more efficient ways to deal with criminals of any kind.
full member
Activity: 462
Merit: 107
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January 29, 2015, 10:15:02 AM
#6
So? Whats your point here?
Aside from showing that bitcoin can facilitate terrorism funding (and according to that coindesk article, already is), that some people here think that terrorists jumping on board is good news that will help bitcoin go to the moon and that arguing that an association with terrorism is enough to bring draconian regulations to bitcoin and potentially kill it, none.
legendary
Activity: 1937
Merit: 1001
January 29, 2015, 10:14:23 AM
#5
I guess there's a good thing to the price decline now...
IS is now up to 80% less funded and able to cause terror.
legendary
Activity: 3668
Merit: 6382
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January 29, 2015, 10:11:03 AM
#4
Good thing that they use Bitcoin. At least Bitcoin can be traced - within some limits, I know.
Maybe somebody really good will find out who funds those mofos and bring them to justice!
legendary
Activity: 1937
Merit: 1001
January 29, 2015, 10:07:33 AM
#3
So? Whats your point here? We should ban bitcoin?
I'm pretty sure they will exchange into fiat before doing something nasty with the money.
full member
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
January 29, 2015, 10:01:27 AM
#2
From that thread I posted
"I think this is a great opportunity to show them Bitcoin and get some users from the Middle East. The anonymity and low fees are sure to be a turn on. How can we spread the word and help Bitcoin go TO THE MOON!?"




Wow gentlemen, wow.
full member
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