ISIS Used Bitcoin to Fund. Is their any measure to prevent this, outside kyc

[Etrilicious]

Do you think this is bad for crypto or one of the reasons why most big countries are afraid to adopt bitcoin or cryptocurrency. Due to the fact that is might be involved in illegal activities.
I quote
“By CCN.com: Bitcoin played a role in staging the Easter Sunday suicide bombing in Sri Lanka that killed 253 civilians, according to Israeli blockchain intelligence firm Whitestream.”

“CoinPayments admits that their wallet was involved but denied that it is connected to ISIS,” Whitestream told Globes. “It’s possible that the company is not aware of the usage of their wallets, perhaps because ISIS uses straw companies [to] transfer the money.”

Is it possible to avoid this for future sake? Or no solution. This is a big problem.

Link
https://www.ccn.com/isis-bitcoin-fund-sri-lanka-easter-bombings

[Jayde]

This is the bad site of crypto where we are free to use it, man exchange have support the crypto-fiat pair now so they just need an account to buy Bitcoin, the KYC process seem useless in this situation

[Etrilicious]

This is the bad site of crypto where we are free to use it, man exchange have support the crypto-fiat pair now so they just need an account to buy Bitcoin, the KYC process seem useless in this situation

Yeah I think some new project or some developers should develop a program that can identify on how fake users or users with bad intention should be restricted from using bitcoin. Thats if this is possible.
Lets hope and see, the future is wild.

[OluwaTosin10]

Not only this
Even politicians now see bitcoin as a medium of storage
To cart away embezzled funds without much notice or trace

[717]

Bitcoin also as a place to save asset for long term, security bitcoin is not in doubt again, transaction very transparent is preferable many people

[dentolas]

That is just an excuse. ISIS also uses USD, and oil, and art, etc... will there be any measure to prevent it?
Supposedly Bitcoin makes things slightly easier, but that does not mean it is the "dark" money for illegal purposes that some news tend to show

[Zen10]

This is just another attempt to discredit bitcoin and cryptocurrency as a whole. Fiat has been used in illegal things throughout history.