In recent times, regulators across the globe have concerned about the increasing use of cryptocurrencies for illicit purposes. A recent report highlights the increasing involvement of crypto assets in the world of terrorism.

According to a recent report by TRM Labs, a blockchain analytics firm, terrorist organisations worldwide associated with ISIS, one of the most infamous terrorist group, are using crypto assets on a regular basis. Reportedly, the primary use of cryptocurrencies amid these groups has been found to be fundraising. In some cases, these methods have also helped them to secure supporters

The analytics firm writes that multiple ISIS supporting groups in Tajikistan have raised around $2 million in Tron-based USDT during 2022. Sources reveal that the primary function has been recruiting fighters for ISIS's