ISIS Affiliated News Site Stops Accepting Bitcoin, Moves To Monero

Posted on Jun 25, 2020

ISIS Affiliated News Site Stops Accepting Bitcoin, Moves To Monero

The Islamic State of Iraq and Syria (ISIS) terrorist organization is reportedly moving away from Bitcoin (BTC) with ISIS-associated news website ditching the world’s oldest crypto and moving on with monero (XMR) as a currency of choice for public donations, claims blockchain intelligence company Whitestream. According to Whitestream, a website affiliated with the jihadist movement no longer accepts bitcoin and has moved on with monero donations as of June 21. The website in question appears to be Akhbar al-Muslimin, a well-known ISIS-affiliated news website.

Reportedly, the website claims that monero is much more private cryptocurrency and, unlike bitcoin, cannot be traced. It also includes a quick tutorial about monero, where to buy it, and how to send it.

Source: cryptonews.com