A recent investigation by the Wall Street Journal revealed that ISIS and its affiliates worldwide are using a vast web of monetary and cryptocurrency assets to finance its terrorist activities. Despite losing its territory in Iraq and Syria, ISIS...
financing of terrorism
Last week, the U.S. Department of Justice seized nearly two million dollars worth of cryptocurrency assets from three U.S.-designated Foreign Terrorist Organizations—al-Qaeda, ISIS, and Hamas. The operation, which represents the largest seizure of...
Cryptocurrencies as a decentralized value transfer and storage mechanism are one of the most important current innovations in the financial industry. Their technical structure allows individuals and entities to quickly, efficiently, and globally...
[Translated from German] “Experts are irritated by this approach. 'It is hardly possible that a family built up a criminal organization alone over the years and operated,' says Alexander Ritzmann, who is at the think tank Counter-Extremism Project right-wing extremist criminal structures deals. 'I think it has to give a network: Because money laundering plays a role in drug trafficking always a role. One must restaurants, fitness centers or run other businesses to do that to launder drug money. One can don't just take that to the bank.'“
CEP Webinar: Comparing The Financial Strategies Of Right-Wing Extremist Organizations And Actors In The United Kingdom And Germany
The Counter Extremism Project (CEP) invites you to a webinar on Wednesday, July 5, 2023, focusing on the presentation of a new, in-depth CEP study concerning the financial strategies of right-wing extremist actors in the United Kingdom and Germany...
"Analysts with the Counter Extremism Project were used to seeing radical groups asking for donations in crypto currencies. Everyone from neo-Nazis to ISIS sympathizers liked Bitcoin, as it helps avoid oversight from banks and regulators. But in 2020 those with the unenviable job of monitoring hate groups online saw a pro-ISIS group switch its donation preference from Bitcoin to a much smaller and lesser know currency called Monero...'About a year and a half ago this Monero thing took off, and now it’s pretty widespread,' Hans-Jakob Schindler, the senior director of the Counter Extremism Project, says."
"Some analysts have suggested that jihadist financing flourished because South African authorities grew complacent at the lack of visible Islamist activity.
'I don't think South Africa realised it. It was the Americans who said, 'something not okay is going on in your country,"' Hans-Jakob Schindler, director of the Counter-Extremism Project think-tank, told AFP.
'The entire government is now put to task,' he said."
CEP Senior Director Dr. Hans-Jakob Schindler writes: "While regulators and policymakers dither and try to decide if cryptocurrencies have a future in the economy, early adopters, including terrorists and violent extremists, are exploiting a law enforcement blind spot. The ease by which money laundering and terrorism financing take place with cryptocurrencies and the more dangerous privacy coins are becoming a security threat of our own making through bureaucratic inaction."
"Dr. Hans-Jakob Schindler, the Senior Director of the Counter Extremism Project (CEP), spoke with EER on this episode of the podcast about the use of cryptocurrency and related technologies by terrorists and other malign actors."
"European Eye on Radicalization (EER) was pleased to host a joint event with the Counter Extremism Project (CEP) recently about how Western states have handled domestic extremists and terrorists, the far-Right and Islamists."
Extremists: Their Words. Their Actions.
On September 15, 2019, a truck bomb exploded outside of the Al-Rai Hospital in Syria’s Aleppo Governorate, killing 12 civilians and injuring many more. There were no immediate claims of responsibility.
CEP on Twitter
Today, Anjem Choudary & co-defendant Khaled Hussein appeared via video link for a preliminary hearing. Plea hearing… https://t.co/v424ivNqKh
"Controlling the risk of terrorism is a dynamic process but it has to survive off the page to be any use." A critiq… https://t.co/HadLKh39yG
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