Experts warn that the Boko Haram terrorist organization is using Crypto Assets.

Gate News bot reports that the Nigerian terrorist group Boko Haram is increasingly relying on Crypto Assets, mobile money, and other digital tools to finance its operations, raising millions of dollars through donations from ransom, robbery, and extortion.

Observers say that these digital financing methods are a "blind spot" in the fight against terrorism. Nigeria's booming and largely unregulated Crypto Assets market, driven by economic demand, has inadvertently fueled this threat. Experts like Oge Samuel Okonkwo point out that Boko Haram takes advantage of the decentralized nature of Crypto Assets for low-cost operations, including purchasing weapons, and benefits from the daily massive digital transactions in Nigeria. The convenience of digital transfer of Crypto Assets also facilitates the organization's cross-border activities.