DeFi Daily News
Friday, June 20, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi Web 3

rewrite this title Teen Accused of Helping Al Qaeda Raise Funds in Crypto Faces Limited Playstation Use as Punishment – Decrypt

Sebastian Sinclair by Sebastian Sinclair
October 31, 2024
in Web 3
0 0
0
rewrite this title Teen Accused of Helping Al Qaeda Raise Funds in Crypto Faces Limited Playstation Use as Punishment – Decrypt
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

A 16-year-old from East London, accused of raising crypto and offering cyber expertise to Al Qaeda, has been granted bail with restricted digital access, allowing him to use his PlayStation offline only.

Prosecutors allege the teen, who cannot be named for legal reasons, attempted to raise approximately $1,300 in crypto for extremist groups, including Al Qaeda and the Pakistani Taliban, according to a Wednesday report by The Standard.

Appearing at Westminster Magistrates’ Court, the teenager pleaded not guilty to five charges, including fundraising for terrorism, providing training, and possessing documents of a nature useful for terror-related purposes.

Under his bail conditions, the boy must adhere to a night-time curfew, avoid social media, and restrict laptop use to educational purposes only. 

However, he retains limited use of his PlayStation console, with conditions prohibiting online multiplayer or any interactive gaming platforms.

The case against the teen is set to proceed to the Old Bailey, the UK’s central criminal court, for a hearing on November 2.

Although crypto use by terrorist organizations constitutes a relatively small portion of illicit transactions within the industry, it remains a significant concern for regulators globally.

Criminal activity involving crypto spans from money laundering and ransomware to fraud, yet transactions linked to terrorism make up a fraction of these activities, according to blockchain analytics firm Chainalysis.

Even still, the transparent nature of blockchain technology enables law enforcement to track and trace illicit activities more effectively than with traditional financial channels, as every transaction is recorded on a public ledger. 

That transparency helps authorities monitor the flow of funds and identify suspicious patterns, making it easier to disrupt criminal networks leveraging digital assets, according to a former CIA director.

Last year, Israel seized around 40 cryptocurrency wallets tied to the Quds Force of Iran’s Islamic Revolutionary Guard Corps (IRGC) and Hezbollah, the Lebanon-based militant organization.

It marked the “first incident of this magnitude” carried out by Israel at the time.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: AccusedCryptoDecryptfacesfundsHelpingLimitedplaystationPunishmentQaedaraiserewriteteentitle
ShareTweetShare
Previous Post

rewrite this title Hong Kong stablecoin FDUSD expands to Solana | Coin Media

Next Post

rewrite this title with good SEO Coinbase CEO Blasts SEC For Senseless Legal Tactics, Demands Apology

Next Post
rewrite this title with good SEO Coinbase CEO Blasts SEC For Senseless Legal Tactics, Demands Apology

rewrite this title with good SEO Coinbase CEO Blasts SEC For Senseless Legal Tactics, Demands Apology

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
Crypto Analyst Reveals Six ‘Super-Cycle’ Tokens Set to Surge by 1000x in Value

Crypto Analyst Reveals Six ‘Super-Cycle’ Tokens Set to Surge by 1000x in Value

August 16, 2024
Can I buy A House With Crypto? RWA DeFi Revolution

Can I buy A House With Crypto? RWA DeFi Revolution

April 16, 2025
CRYPTO IS DUMPING DUE TO THIS… What Comes Next?

CRYPTO IS DUMPING DUE TO THIS… What Comes Next?

June 13, 2025
Revisiting Jennifer’s Body: A Review of the 2009 Horror Film

Revisiting Jennifer’s Body: A Review of the 2009 Horror Film

August 27, 2024
I Have Fallen Into The Personal Loan Trap

I Have Fallen Into The Personal Loan Trap

May 2, 2025
The Future of Blockchain: An Inside Look at Cardano

The Future of Blockchain: An Inside Look at Cardano

July 18, 2024
rewrite this title BlockDown Festival Kicks Off World’s First AI-led Music Experience With Pudgy Penguins At Istanbul Blockchain Week 2025

rewrite this title BlockDown Festival Kicks Off World’s First AI-led Music Experience With Pudgy Penguins At Istanbul Blockchain Week 2025

June 20, 2025
rewrite this title Bayern and Kompany wary of ´dangerous´ Boca ahead of Club World Cup clash – Soccer News

rewrite this title Bayern and Kompany wary of ´dangerous´ Boca ahead of Club World Cup clash – Soccer News

June 20, 2025
rewrite this title Semler’s B Bitcoin bet. Can the tiny med-tech firm become the next Strategy?

rewrite this title Semler’s $11B Bitcoin bet. Can the tiny med-tech firm become the next Strategy?

June 20, 2025
Can the UK Afford to Defend Itself?

Can the UK Afford to Defend Itself?

June 20, 2025
rewrite this title Ethereum Co-Founder Predicts ETH Will Eclipse Global GDP

rewrite this title Ethereum Co-Founder Predicts ETH Will Eclipse Global GDP

June 20, 2025
rewrite this title XRP vs SEC: Legal Expert Says Ripple Is Delaying The Lawsuit

rewrite this title XRP vs SEC: Legal Expert Says Ripple Is Delaying The Lawsuit

June 19, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.