Terrorist Financing
Financial Extremism: The Dark Side of Crowdfunding and Terrorism
August 29, 2024This study sheds light on the emerging threat of terrorists, particularly Hamas and other Palestinian terror organizations, leveraging online crowdfunding and cryptocurrencies. The recent events of October 7, 2023, highlight the pressing nature of this issue. A systematic case analysis reveals the sophisticated exploitation of digital finance for discreet resource accumulation, circumventing traditional oversight. The ...
Social Media And Counter Terrorist Finance A Fund Raising And Disruption Tool
September 18, 2023The proliferation of social media has created a terrorist finance vulnerability due to the ease with which propaganda can be spread, promoting fund-raising for a certain cause. Social media companies recognize the importance of preventing violent extremist and terrorist content, but less attention is paid to their fund-raising role. As well as presenting a threat, ...
Public–Private Collaboration to Counter the Use of the Internet for Terrorist Purposes: What Can be Learnt from Efforts on Terrorist Financing?
September 18, 2023Notwithstanding inherent differences between the counterterrorist financing regime and the regulatory regime governing communication service providers, there are clear benefits in taking lessons learnt from longstanding efforts on terrorist financing into account when developing a response to the online terrorist threat. Lawmakers developing a regulatory regime for communication service providers (CSPs) should engage with their ...
Terrorist Use of Virtual Currencies
September 18, 2023This paper explores the risk that virtual currencies (VCs) may become involved in the financing of terrorism at a significant scale. VCs and asso- ciated technologies hold great promise for low cost, high speed, verified transactions that can unite coun- terparties around the world. For this reason they could appear appealing to terrorist groups (as ...