Sentences with phrase «terrorist financing purposes»

Not exact matches

There is absolutely no evidence so far that terrorists used any bitcoin in financing their actions or why would they not simply use cash if the purpose is just to rent a getaway car, mobile phones or anything else they don't want tracked.

However, those statements needed to be clarified when the investigation was completed, as no such link was proven: «[t] here is absolutely no evidence so far that terrorists used any bitcoin in financing their actions or why would they not simply use cash if the purpose is just to rent a getaway car, mobile phones or anything else they don't want tracked.»

The European Parliament recently published a report detailing directives to prevent the use of the financial system for the purposes of money laundering or terrorist financing.

But Malliotakis and Castorina argued that wiping those records could compromise a future criminal investigation into a cardholder who used his IDNYC for illicit purposes — for instance, to open a bank account that financed terrorist activity.