Gate News, message: April 7, Indonesian authorities recently found three defendants guilty of terrorism financing through cryptocurrency, making it one of the first terrorism-financing convictions in Southeast Asia supported primarily by on-chain blockchain evidence. One defendant allegedly transferred more than 49,000 USDT to an overseas exchange through 15 transactions, with the flow of funds tied to a network associated with ISIS. None of the three defendants directly took part in terrorist attacks; their roles were characterized as the “financial logistics layer” of a terrorist organization.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polymarket Defense Bets Show Unusually High Win Rates, Raising Insider Trading Concerns
New data on Polymarket reveals unusually high win rates in defense-related bets, raising concerns about potential military insider trading. Analysis shows that just 3% of traders drive market prices, while less than 1% capture the majority of profits, indicating extreme market
GateNews27m ago
The US Senate unanimously passed S. Res. 708: banning senators from trading prediction markets, effective immediately
The U.S. Senate passed S. Res. 708 unanimously, immediately banning senators and their staff from trading in prediction markets such as Polymarket and Kalshi to eliminate insider-trading risk. The resolution follows a case in which members of a special forces unit used military secrets to bet on the market and earned about $490k, and the self-regulatory pledge has been upgraded into law. The House of Representatives and the executive branch, as well as state laws, may become the next focus.
ChainNewsAbmedia3h ago
Sichuan Police Arrest Crypto Fraud Suspect, Recover 6M+ Yuan After Victim Loses 3.46M
According to BlockBeats, Sichuan police arrested a fraud suspect in late April after breaking a cryptocurrency investment scam that defrauded a victim of 3.46 million yuan. The victim, Yang, was lured into investing in a fake virtual currency project by online contact Deng Mouhui starting in
GateNews3h ago
North Korean Hackers Steal $600M in April From Drift Protocol and Kelp DAO Attacks
According to TRM Labs, North Korean-linked hackers stole approximately $600 million in cryptocurrency in April from attacks on Drift Protocol and Kelp DAO, accounting for 76% of the month's total losses. The report estimates that since 2017, hackers associated with North Korea have stolen over $6 bi
GateNews4h ago
Senate Bans Members from Prediction Market Trading Following $400K Insider Bet Controversy
According to the Senate Press Gallery, U.S. senators are now barred from trading on prediction markets following the unanimous passage of S. Res. 708 on Thursday. The measure, introduced by Sen. Bernie Moreno (R-Ohio), amends the Senate's standing rules and became effective immediately.
The ban add
GateNews4h ago
Chongqing Lawyer Peng Jing Taken for Investigation Linked to Former Mayor's Stablecoin Bribery Case on May 1
According to Caixin, lawyer Peng Jing, founding partner and director of Chongqing Jingsheng Law Firm, was taken away for investigation on May 1, reportedly linked to former Chongqing mayor Hu Henghua and Luo Lin, Chongqing's party committee member and Liangjiang New Area party chief, according to
GateNews5h ago