Terror groups may turn to NFTs to raise funds and spread messages — WSJ

Cointelegraph

Published Sep 05, 2022 02:10AM ET

Updated Sep 05, 2022 04:00AM ET

The first known case of a nonfungible token (NFT) created and shared by a “terrorist sympathizer” has come to light, raising concerns that the immutable nature of blockchain tech could help the spread of terrorist messages and propaganda.

In a Sept. 4 article in The Wall Street Journal (WSJ), intelligence experts said the NFT could be a sign that Islamic State and other terror groups may also be using blockchain technology to evade sanctions and raise funds for their terrorist campaigns.

A screenshot of the IS-NEWS #01 NFT (left). Source: The Wall Street Journal

Continue Reading on Coin Telegraph