By trading oil using its own currency, ISIS planned to destabilize the US economy by forcibly decoupling the dollar from the oil business.
Prosecutors have accused a New York woman of using credit cards to purchase bitcoin and then launder those funds to send money to ISIS.
A teenager who instructed ISIL (or ISIS) supporters on how to use bitcoin has pleaded guilty to charges of conspiring to provide material support.
New research from Singapore-based web intelligence firm S2T suggests Islamic State (ISIS) could be using bitcoin for fundraising. Israeli daily…
A blog linked to the Islamic State of Iraq and Syria proposed using bitcoin to fund global jihadist efforts.