The terror–cyber–crime nexus and terrorists’ innovation | The Strategist

"IS has a network that operates across the globe, raising funds from multiple sources, ranging from individuals’ donations to illicit oil deals, including with the Assad regime (absurdly, for years the regime and IS have been trading illicit oil through Muhammad al-Qatirji and his Qatirji Company).

Anecdotal evidence indicates that IS and other jihadist groups are now deepening their exploitation of the cybersphere. For example, they’re very interested in cryptocurrencies; at least one Islamic scholar has declared bitcoin permissible under sharia law, and the person-to-person bitcoin exchange LocalBitcoins lists three bitcoin sellers in Syria."