Crypto, Terrorism, and Legal Turmoil

This chapter explores the connections between cryptocurrency and terrorism financing, showcasing how terrorist organizations utilize digital assets to bypass traditional financial systems. It also highlights the ongoing legal challenges faced by crypto exchanges like Binance and the scrutiny accompanying high-profile cases such as that of Sam Bankman-Fried and his associate Caroline Ellison. Through their testimonies and the examination of moral implications, the chapter underscores the dual nature of crypto as both a democratizing financial tool and a potential vehicle for criminality.