In early October 2023, the Islamic State (ISIS) released several posters soliciting cryptocurrency donations to fund its operations. MEMRI JTTM, alongside the MEMRI Cyber & Jihad Lab (CJL), have long monitored jihadis' growing use of cryptocurrency, documenting how terrorist groups such as ISIS have adopted cryptocurrency as a fundraising method.
The following report supplements existing research, documenting ISIS's continued use of cryptocurrency for fundraising.
Islamic State Khurasan Province Solicits Monero Cryptocurrency Donations: "Please Donate For Waging Jihad With Wealth"
On October 2, 2023, a supporting media outlet for Islamic State Khurasan Province (ISKP) published a poster soliciting cryptocurrency donations. Depicting an armed jihadi, the poster urged supporters to "please donate for waging jihad with wealth," and cited Quran 61:10-11, which reads, in part: "Strive in the cause of Allah with your wealth and your lives. That is best for you, if only you knew."
It also featured a QR code for prospective donors; "Please donate with safe cryptocurrency Monero (XMR) for waging jihad with wealth and financing those who are waging the same with their lives," the poster read.
The full text of this report is available to MEMRI Jihad and Terrorism Threat Monitor subscribers.
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JTTM subscribers can visit this page to view the report.
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