Tron infrastructure becomes popular among global terrorists
The Tron blockchain has gained popularity among Iran-backed militant groups, overtaking the Bitcoin network. Faster and cheaper than Bitcoin, Tron has overtaken its rival as a platform for cryptocurrency transfers linked to groups designated as terrorist organizations by Israel, the United States and other countries, according to Reuters. Journalists analyzed cryptocurrency seizures by Israeli security services since 2021. The results showed a sharp increase in attacks on Tron wallets and a decrease in Bitcoin wallet seizures. “Earlier it was Bitcoin and now our data shows that these terrorist organizations tend to increasingly favor Tron.” Mriganka Pattnaik, CEO of New York-based blockchain analysis firm Merkle Science In total, Israel’s National Bureau of Counter-Terrorism Financing (NBCTF) froze 143 Tron wallets between July 2021 and Oct. 2023, wallets it believed were associated with a “designated terrorist organization” or used for a “serious terro...