November 8, 2019

Australian Home Affair Minister Warns Terrorist Financiers Exploiting Crypto

Terrorist Financiers Exploiting Crypto says Australian Home Affair Minister
Description - Australian Home Affairs Minister, Peter Dutton during a counter-terror conference in Melbourne that cryptocurrencies technology is being exploited by terrorists for funding their heinous intentions.

He warned that with the help of the cryptocurrency’s anonymity feature terrorists find it suitable to easily escape from high-end security.

“The anonymity afforded by such technologies enables terrorist financiers to obfuscate their activities.”

Source: TheCoinRepublic