Indonesia's first conviction using blockchain evidence in a crypto terror financing case, three people found guilty

2026-04-07 00:23:37

Deep Tide TechFlow message, April 07, according to disclosures by TRM Labs, Indonesian authorities have recently convicted three defendants on charges of financing terrorism with cryptocurrency, making it one of the first terrorism-financing conviction cases in Southeast Asia supported primarily by on-chain blockchain evidence. It is reported that one of the defendants transferred more than 49,000 USDT to an offshore exchange through 15 transactions, and the flow of funds is linked to a network associated with ISIS. The three defendants did not directly participate in terrorist attacks; their roles were characterized as the “financial logistics layer” of a terrorist organization.

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