Crypto

When Cryptocurrency Finances Terrorism

Jihadists have turned to cryptocurrencies to avoid order checks, their main means of receiving funds since 2013. Light/Adobe Stock

DRAWING – Two men were convicted in Paris on Friday for handing over digital currency to jihadists.

Cyber ​​financing of terrorism in court. On Friday, two men aged 26 and 23 were convicted in Paris of “participation in a criminal terrorist association” and “financing terrorism.” The French-Algerian Saami Allem received four years in prison, one of which was suspended, and the French-Moroccan Abderrahman Sheikh received four years, two of which were suspended. These little terrorists, sentenced to ten years in prison, were charged with funding jihadists in Syria through cryptocurrency networks between 2018 and 2020. The amount transferred by this sector, led by three Islamists from Syria, would reach 280,000 euros.

Sami Allem and Abderrahman Sheikh were arrested on September 29, 2020, as part of an operation launched under the auspices of the national anti-terrorism prosecutor’s office (Pnat) against a money transfer network in favor of jihadists. This happened after the opening of the preliminary investigation into the case …

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