Latest Newsletter🍵 Kelly Marie Tran in racism studyRead


Indonesian ISIS Militant Used PayPal and Bitcoin to Fund Terrorists

    Asian America Daily - in under 5 minutes

    Get our collection of Asian America's most essential stories, to your inbox daily, for free!

    Unsure? Check out our Newsletter Archive

    Bahrun Naim, an Indonesian militant fighting for the Islamic State in Iraq and Syria, used online financial services to fund terrorist activities in his home country.

    The information comes from PPATK, an Indonesian agency against money-laundering, which claimed that Naim transferred PayPal and bitcoin funds to comrades in Java.

    Naim is believed to be the mastermind behind the Jakarta attacks in January 2016. As per CNN, the former blogger already spent time behind bars in the past for illegal possession of ammunition. His blog contained ISIS teachings, DIY weaponry and anti-surveillance tips, among others.

    Speaking to reporters, PPATK chairman Kiagus Ahmad Badaruddin announced that 25 cases of fraudulent transactions linked to terrorism were detected last year. He explained (via The Straits Times):

    “Such fund transfers are more difficult to detect as they are not within the conventional banking system. We can detect them only when the end user finally encashes them through the banking system.”

    Previously, PPATK reported that over 10 billion rupiah ($750,000) was transferred to Indonesia in 2014 and 2015. Ivan Yustiavandana, the agency’s director for examination and research, said:

    “Today, we are talking about PayPal, bitcoin. Two to three years from now, we may talk about other means, new ways. The more sophisticated we are at getting them, the more they will try to look for new ways.”

    Support our Journalism with a Contribution

    Many people might not know this, but despite our large and loyal following which we are immensely grateful for, NextShark is still a small bootstrapped startup that runs on no outside funding or loans.

    Everything you see today is built on the backs of warriors who have sacrificed opportunities to help give Asians all over the world a bigger voice.

    However, we still face many trials and tribulations in our industry, from figuring out the most sustainable business model for independent media companies to facing the current COVID-19 pandemic decimating advertising revenues across the board.

    We hope you consider making a contribution so we can continue to provide you with quality content that informs, educates and inspires the Asian community. Even a $1 contribution goes a long way.  Thank you for everyone's support. We love you all and can't appreciate you guys enough.

    Support NextShark

    Mastercard, Visa, Amex, Discover, Paypal