SadaqaCoins has just sprung up. This is the first ever crowdsource site on the dark web made specifically for jihadi projects to be funded through cryptocurrency payments. Some projects involve funding for a larger tor server, 4x4's or sniper lessons...
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To clarify for those that are confused, SadaqaCoins is not a cryptocurrency. It is a site (like Kickstarter) the takes bitcoin and monero donations on crowdsourced jihad projects.
This dark web 'Kickstarter for Jihadis' offers translations in German and Turkish. This should be an alarm to authorities as to the origins of Jihadi financing via #Bitcoin from Europe.
"Hack #Bitcoin & #cryptocurrency miners and redirect transactions. Encrypt databases & servers to blackmail owners to pay a ransom."
These are some of the ways this #terrorist dark web site recommends people to raise money to fund #jihadi projects. What a #cybersecurity rort.
I believe the site is authentic due to a number of reasons such as content on the group's Telegram and Twitter page. But more significantly, SadaqaCoins uses an elaborate system of itemized bitcoin addresses for each project. These are different to its overall donation address.
The #Jihadist #cryptocurrency crowdfunding site #SadaqaCoins has posted a new project. This time, it is fundraising to release Syrian women imprisoned by the #Assad regime.
- Like most of the other jihadist crowdsourcing sites, so far, this one has been very unsuccessful.
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