Nigerian terrorist group Boko Haram uses cryptocurrencies for cross-border financing

According to News. Bitcoin, the Nigerian terrorist group Boko Haram is increasingly relying on cryptocurrencies, mobile payments, and other digital tools to fund its activities, obtaining millions through ransoms, looting, and forced "zakat" donations. Experts have called these digital financing methods "blind spots" in the fight against terrorism. Nigeria's vast and largely unregulated crypto market, driven by economic needs, has inadvertently facilitated this threat. Experts such as Oge Samuel Okonkwo have noted that Boko Haram uses the decentralized nature of cryptocurrencies for low-cost operations, including arms procurement, and benefits from Nigeria's massive daily digital transactions. The group's cross-border activities are also enhanced by the ease of digital transfer of cryptocurrencies.