Click Here The blockchain that criminals love
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Jun 17, 2025 Discover how TRON evolved into a preferred blockchain for illicit finance, surpassing its initial Ethereum imitation status. Unpack the paradox of cryptocurrency, which facilitates crime while aiding investigators in tracking transactions. Explore how cryptocurrencies like Tron and Tether are used by terrorists for funding, offering advantages over traditional money transfer systems. Delve into the ethical dilemmas of Silicon Valley's tech evolution and the challenges of crypto regulation and cybersecurity in a rapidly changing landscape.
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Hawala: Trust-Based Money Transfer
- Hawala is an ancient money transfer system based on trust, not formal banking or paperwork.
- It enables nearly invisible, reliable transfers across borders like from Queens to Karachi with just a handshake.
Crypto's Traceable Paradox
- Crypto transactions leave an immutable, traceable public ledger that aids investigations unlike cash.
- It paradoxically empowers criminals to move money fast but also helps law enforcement track them better.
Terrorists Go Underground with Crypto
- Terrorist groups shifted from public crypto fundraising to covert operations using encrypted chats.
- They increasingly use the Tron blockchain and Tether stablecoin to move funds quietly underground.