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ISIS 'funded Sri Lanka Easter bombings with Bitcoin donations'
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ISIS allegedly funded the deadly Sri Lanka Easter bombings with Bitcoin donations.
The April 21 attacks on hotels and churches in Sri Lanka killed more than 250 people, including 40 foreign nationals.
Now a blockchain intelligence company called Whitestream has claimed ISIS used the CoinPayments platform to convert cryptocurrency into dollars. shortly before the attacks.
The Israeli intelligence startup told Globes that Bitcoin's anonymity and unsupervised international money transfers make it ideal for use by terrorist groups.
Whitestream has since discovered there was a surge of transfers to Bitcoin wallets allegedly used by ISIS the day before the coordinated attacks whichleft hundreds dead.
