The ADL, a New York-base advocacy group that counters antisemitism and extremism, focused on the movement of bitcoin, and saw that supporters used a wide array of digital assets platforms to get money in the hands of hate groups, though there was no assertion that the money was directly used for illegal action, such as domestic terrorism. And the review suggested the bitcoin received from supporters was often shifted back into the traditional financial system via U.S. banks.

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• Source: https://www.coindesk.com/policy/2024/01/12/white-supremacists-lean-on-crypto-says-anti-defamation-league-report-on-extremists/?utm_medium=referral&utm_source=rss&utm_campaign=headlines