Cryptocurrency and Terrorism: Wall Street Journal Corrects Funding Claims

A recent correction by The Wall Street Journal (WSJ) brought clarity to its previous claims about cryptocurrencys alleged role in funding terrorism. The original story, which ran on October 10, claimed that Palestinian Islamic Jihad (PIJ), a group from the Gaza Strip, had accumulated $93 million through cryptocurrency from August 2021 to June 2023. This assertion was based on data from Elliptic, a blockchain forensics firm. The firm noted that PIJ-affiliated cryptocurrency wallets had received the aforementioned sum. Yet, Elliptic later clarified an essential point: the receipt of these...


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