PANews, November 15 – According to a report by Decrypt, a Detroit man has admitted to concealing Bitcoin donations originally intended to fund the “Islamic State” (ISIS) and has been sentenced to nine years in federal prison. According to authorities, the man used privacy-focused VPNs and encryption software to cover up the Bitcoin transactions. As the man was convicted, the federal government is intensifying efforts to combat the use of Crypto Assets to fund extremist organizations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitwise CIO: Bitcoin could reach $1 million in the long term, with its potential stemming from its "digital gold" positioning
Bitwise Chief Investment Officer Matt Hougan pointed out in a memo that Bitcoin's price could reach $1 million in the future. He believes Bitcoin is competing with gold for the position of digital store of value, especially against the backdrop of the expanding global store of value market. If Bitcoin captures 17% of the market share, its price is expected to rise significantly.
GateNews13m ago
Altseason 3.0 Setup? OTHERS/BTC Retests Historic Launchpad as 4 Altcoins Prepare for Potential 5× Expansion
OTHERS/BTC retested a historic launchpad, creating a structured setup for potential 5× gains across selected altcoins.
Arbitrum, Aptos, Pepe, and Bonk exhibit consistent support and resistance patterns with measured trading volume.
Oscillators and trend lines indicate balanced momentum, s
CryptoNewsLand29m ago
Will Bitcoin Mirror Oil’s Historic Rally to $79K by the end of March?
The oil market has moved in tandem with geopolitical headlines, but Bitcoin’s response to these energy shocks remains imperfect and highly nuanced. Crude prices have surged to about $101 per barrel, delivering what observers describe as a record 55% jump in just ten days. In parallel, equities
CryptoBreaking1h ago
Bitcoin Price Prediction Reacts to $100 Oil Shock While XRP Eyes Institutional Expansion – APEMAR...
Global financial markets entered a new phase of volatility in early 2026. A sharp surge in energy prices triggered fresh concerns about inflation and monetary policy. Murban crude recently crossed the $100 mark for the first time in months, according to reporting from CoinDesk. Analysts link the
BlockChainReporter1h ago
France Crypto Crime: Couple Held at Knifepoint and Forced to Transfer Nearly $1M in Bitcoin
Armed criminals posing as police officers forced a French couple to transfer roughly $980,000 worth of bitcoin during a violent home invasion on Monday in Chesnay, France, in what authorities say is part of a growing wave of crypto-linked kidnappings across the country.
France Investigates €900K
Coinpedia2h ago
