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Indonesia convicts cryptocurrency terrorism financing case using blockchain evidence; three people found guilty

Gate News message, April 7, Indonesian authorities recently convicted three defendants on terrorism financing charges involving cryptocurrency, becoming one of the first terror-financing conviction cases in Southeast Asia supported primarily by on-chain blockchain evidence. One of the defendants transferred more than 49,000 USDT to an overseas exchange through 15 transactions, and the flow of funds is linked to networks associated with ISIS. None of the three defendants directly participated in a terrorist attack; their role was characterized as the “financial logistics layer” of a terrorist organization.
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