Sources
Loading...
Additional media
Loading...





US sanctions Kenyan bus firm, 15 others over $100m Al Shabaab funding #terrorism https://t.co/G0DWhwrRsW
Shabaab retakes territory as the U.S. sanctions one of its money laundering networks - https://t.co/UAmv3xZyjX https://t.co/i9e1LPos3Z
Islamic State Is Increasingly Using Crypto to Fund Africa Militant Goals https://t.co/MIDXnQiKJa

ISIS and Al Shabaab are utilizing cryptocurrencies like Tether for fundraising and financial transactions in Africa. Al Shabaab financiers are on a US list, with the group retaking a key town in Somalia. The US has sanctioned Al Shabaab fundraisers and money launderers in Africa, UAE, and Cyprus. ISIS, particularly its Somalia branch, is increasingly using crypto to fund militant activities in Africa.