PANews reported on June 30 that according to News.Bitcoin, the Nigerian terrorist organization Boko Haram has increasingly relied on cryptocurrencies, mobile payments, and other digital tools to finance its operations,PANews reported on June 30 that according to News.Bitcoin, the Nigerian terrorist organization Boko Haram has increasingly relied on cryptocurrencies, mobile payments, and other digital tools to finance its operations,

Nigerian terrorist group Boko Haram increasingly relies on cryptocurrencies and other tools for cross-border money transfers

2025/06/30 09:12
1 min read

PANews reported on June 30 that according to News.Bitcoin, the Nigerian terrorist organization Boko Haram has increasingly relied on cryptocurrencies, mobile payments, and other digital tools to finance its operations, transferring millions of dollars obtained through extortion, robbery, and extortion. Observers call these digital financing methods a "blind spot" in the fight against terrorism. Nigeria's booming and largely unregulated cryptocurrency market, driven by economic needs, has inadvertently fueled this threat. Experts such as Oge Samuel Okonkwo pointed out that Boko Haram has used the decentralized nature of cryptocurrencies for low-cost operations, including weapons procurement, and benefited from Nigeria's huge daily digital transaction volume. The convenient digital transfer capabilities of cryptocurrencies also facilitate the organization's cross-border activities.

Market Opportunity
Helium Mobile Logo
Helium Mobile Price(MOBILE)
$0.0001965
$0.0001965$0.0001965
+5.02%
USD
Helium Mobile (MOBILE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
MYX Finance price surges again as funding rate points to a crash

MYX Finance price surges again as funding rate points to a crash

MYX Finance price went parabolic again as the recent short-squeeze resumed. However, the formation of a double-top pattern and the funding rate point to an eventual crash in the coming days. MYX Finance (MYX) came in the spotlight earlier this…
Share
Crypto.news2025/09/18 02:57
Trump enlists GOP to translate his conspiracy theories into new action

Trump enlists GOP to translate his conspiracy theories into new action

President Donald Trump will deliver his "State of the Union" address on Tuesday and is expected to bring up some of his election conspiracies before calling on
Share
Alternet2026/02/25 04:52