Violent extremists are increasingly turning to virtual currency for fundraising, according to Canada’s financial intelligence unit. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) issued a special bulletin Tuesday, warning that ideologically-motivated violent extremist (IMVE) groups are switching to virtual currency to raise funds after facing obstruction from online platforms. As online crowdfunding…
Violent Extremists Turning to Virtual Currency to Raise Funds: Financial Intelligence Unit
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