The post Tron Network Identified as Top Choice for Militant Groups in Crypto Transfers Surpassed Bitcoin appeared first on Coinpedia Fintech News
Israeli security agencies have flagged the Tron network as the go-to platform for militant groups involved in crypto transfers, particularly linked to organizations like Hamas and Hezbollah.
Tron Surpasses Bitcoin
In the ongoing battle against the financing of Iran-backed militant groups, Tron has emerged as a significant player, surpassing Bitcoin in terms of transaction speed and cost-effectiveness.
Meanwhile, the Tron network has become the favored choice for crypto transfers associated with organizations labeled as terror groups by Israel, the United States, and other nations.
Tron Wallets Linked
Earlier, Israel’s National Bureau of Counter-Terrorism Financing (NBCTF) took action, freezing 143 Tron wallets between July 2021 and October 2023, believed to be associated with “designated terrorist organizations” or used for “serious t
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