Nigerian terrorist group Boko Haram uses cryptocurrency for cross-border financing

According to News. Bitcoin, the Nigerian terrorist group Boko Haram is increasingly relying on cryptocurrency, mobile payments, and other digital tools to fund its activities, obtaining millions of dollars through ransom, looting, and forced 'Tianke' donations. Experts refer to these digital financing methods as "blind spots" in the fight against terrorism. Nigeria's vast and largely unregulated cryptocurrency market, driven by economic demand, has inadvertently facilitated this threat. Experts such as Oge Samuel Okonkwo point out that Boko Haram utilizes the decentralized nature of cryptocurrency for low-cost operations, including weapons procurement, and benefits from Nigeria's massive daily digital transactions. The organization's cross-border activities have also been strengthened due to the convenient digital transfer characteristics of cryptocurrencies.