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Matthew Levitt
Matthew Levitt is the Fromer-Wexler Fellow at The Washington Institute and director of its Jeanette and Eli Reinhard Program on Counterterrorism and Intelligence. From 2005 to early 2007, he served as deputy assistant secretary for intelligence and analysis at the U.S. Department of the Treasury. In that capacity, he served both as a senior official within the department s terrorism and financial intelligence branch and as deputy chief of the Office of Intelligence and Analysis, one of sixteen U.S. intelligence agencies coordinated under the Office of the Director of National Intelligence. During his tenure at Treasury, Dr. Levitt played a central role in efforts to protect the U.S. financial system from abuse and to deny terrorists, weapons proliferators, and other rogue actors the ability to finance threats to U.S. national security. In 2008-2009, he served as a State Department counterterrorism advisor to the special envoy for Middle East regional security (SEMERS
Terrorists still raise money through crypto, but the impact is limited Evidence suggests crypto’s role in terrorism remains relatively minor: “It has not yet become a primary means of terror financing.” 1679 Total views Analysis
We’re living today “amidst an explosion of risk related to fraud, money laundering, terrorist financing, and data privacy,” said United States Treasury Secretary Janet Yellen in February and she specifically cited cryptocurrencies as a “tool to finance terrorism.”
Yellen appeared to be flagging an important new turn in the war against terror, and it begged some questions: Is crypto in the hands of terrorists a real, present danger to governments and society? If so, should the cryptocurrency and blockchain industry be worried?
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