US woman used Bitcoin to move cash to Islamic State, police say | Hacker News Reader

US woman used Bitcoin to move cash to Islamic State, police say

bbc.com

21 pointsjacobr15 comments

yes we need a few more stories like this, or else the ban will be too blatant

(btw i m sure some woman used USD to move cash to ISIS, but it was never news)

yes. at least with BTC you have an audit trail.

Says right in the article that they also caught her trying to sneak $9,500 USD in cash out of the country on her person. This is a non-story not sure why it was even worth reporting. Perhaps it was notable because it is one of the few instances where someone actually used a crypto currency to send money to alleged terrorists as opposed to the thousands of known cases where they used EUR or USD.

She probably had to fly the cash to them because her BTC transaction was stuck in the mempool.

Do you remember this story:

https://www.nytimes.com/2014/10/12/world/investigation-into-...

US Gov sent $14B in cash, on pallets, shrink wrapped. All went missing...whoops. Nothing was done, nobody cared.

I do remember that. I did care. Unfortunately, I wasn't able to do anything about it.

I found it notable not because of the Bitcoin transactions themselves, but because of the implications and possible effects of news like this.

"Her lawyer, Steve Zissou, said she was sending money overseas to help Syrian refugees."

In similar news "CNN" uncovered that Al-qaeda is indeed the biggest stakeholder of Bitcoin

I've read rumours that Satoshi was a close person to Kim Jong Un, probably some conspiracy theory

I'm even surprised we didn't have this kind of news already. It's a predicted behavior for governments, let's how anti-fragile the system is (grabs popcorn)

This is more of a fault of the citizen than a fault of the currency.

A US woman could of used paypal to move cash to Islamic State and it wouldn't be nearly as buzzy, but since it's bitcoin it's easy to scapegoat

If anything will be done by the US government to try and serve a deadly blow to cryptocurrencies, it will be them using a terror attack "funded by Bitcoin" as pretext to raid a large US exchanger and seize assets. There is a greater than zero chance this is something we will see play out in the next 24 months.

It's a shame the transaction and subsequent flow of money can't be traced on a tamper-proof decentralized public ledger the way it could be with cash...

dupe: https://news.ycombinator.com/item?id=15930073

propaganda There again, I find the BBC journalists themselves try to do a good job, against sometimes quite obvious manipulations from above. The headline here is of course blatant propaganda or at best "click bait", but the content is perhaps attempting subterfuge?

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