Binance, the world’s leading cryptocurrency exchange, has been instrumental in aiding the arrest of key members of the Islamic State – Khorasan Province (ISKP), an affiliate of the global terrorist network ISIS. The operation was a joint effort between Binance, the Financial Monitoring Department under the National Bank of Tajikistan, and blockchain intelligence firm TRM Labs.
Binance’s Sanctions Investigations and Compliance teams, in collaboration with TRM Labs, have been working since December 2022 to counter threats posed by ISKP. Their efforts culminated in the arrest of several ISKP members, including the group’s ranking member, Shamil Hukumatov. These individuals were reportedly involved in planning imminent attacks.
The collaboration involved monitoring a Telegram channel frequented by ISIS members. Binance’s investigations led to the identification of a crypto wallet address used by an ISKP leader to receive donations….
