Crypto Could Be 'Next Frontier' In Terror War, US Official Says

Law360 (September 11, 2019, 9:01 PM EDT) -- Implementing robust safeguards to ensure cryptocurrencies are not used by nefarious actors is crucial to preventing them from becoming the "next frontier" in the fight against global terrorism, a high-ranking U.S. Treasury official said Wednesday.

Speaking on the anniversary of the 9/11 terrorist attacks, Sigal Mandelker — the Treasury's undersecretary for terrorism and financial intelligence — highlighted the increased use of cryptocurrencies by terrorist groups, urging the fintech and cryptocurrency industry to apply its technological knowledge "to the tough problems we need to solve in illicit finance."

Treasury Secretary Steven Mnuchin has previously said the misuse of cryptocurrency poses significant national security...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS