Indonesian verdict: 3 people used cryptocurrency to fund terrorism, on-chain information becomes a key evidence

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ME News Report, April 7 (UTC+8), according to TRM Labs, the Indonesian government has convicted three individuals of using cryptocurrency to finance terrorism. Law enforcement connected the relevant wallet addresses to ISIS-linked networks through on-chain tracing. One defendant transferred more than 4.9 万 USDT to an overseas trading platform through 15 transactions. Although the individuals did not directly carry out attacks, they were identified as the logistics support layer for terrorist financing. TRM said this may be one of the first anti-terrorism financing cases in Southeast Asia to be convicted primarily based on blockchain evidence. (Source: ChainCatcher)

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