Discovered an ISIL Bitcoin Address containing 3 Million dollars

Pierluigi Paganini November 17, 2015

Hackers of the anti-Terrorism group Ghost Security Group have discovered ISIL militants had a bitcoin address containing 3 Million Dollars.

We have been dismayed by the recent Paris attacks, fear, disgust and anger are the emotions that many of us have felt seeing the images from the France.

While the Islamic State (ISIS) was claiming the responsibility for the attack, the collective of hackers Anonymous declared war on the terrorist organization by launching the operation #opParis.

The investigators are collecting every information regarding the Paris attacks trying to discover when and how the terrorist attacks were organized.

One of the principal problems for the authorities is to discover who is fundings the terrorists, which are the channels used by the ISIL to transfer money to the cells operating in various European countries.

The experts of the Anti-terrorism group of ethical hackers, Ghost Security Group (GSG), speculate that members of the ISIL regularly uses cryptocurrencies to fund the operations of its cells.

To proof their thesis, the hackers of the Ghost Security Group have searched for Bitcoin wallets used by the ISIL organization, and finally they have discovered them.

Members of the Ghost Security Group have uncovered several Bitcoin addresses that might be used by the ISIL to fund its operations. They also made a disconcerting discovery, one of the wallets they have analyzed contains $3 Million in US dollars worth of Bitcoins.

paris attacks

“Yes, we did detect several indicators of an attack impending and are currently in the process of collecting valuable evidence for United States government officials. I cannot go into more detail at the moment on current investigations.” a member of Ghost Security Group explained in an interview with NewsBTC.

“The Islamic State does use cryptocurrencies as a form of income to fund their ongoing operations, and we have managed to uncover several Bitcoin addresses used by them,” “We had discovered a BtC address linked to a known Islamic State deep website approximately three months ago and provided it to They hired a team of blockchain analysts to trace the cryptocurrency to the estimated 3 million in BtC the discovered.”

The Ghost Security Group has identified several websites used by the ISIL on the darkweb and gathered information about the amount of money contained in the wallets the addresses of which are present on these sites.

“Most of the Bitcoin funding sites utilized by the Islamic State are on the deep web and we have managed to uncover several and successfully shut them down in order to limit the funding extremists receive through the use of cryptocurrencies.” continues the Ghost Security Group.

Although there are no proofs that these wallets were used to fund the cells involved in the Paris attacks, the Ghost Security Group linked it to the ISIL organization demonstrating the use of cryptocurrencies.

The hackers Ghost Security Group believe that Bitcoin is their prime form of cryptocurrency for the ISIL, but they have no information regarding the mining abilities of the group. It is likely that the ISIL receives donations on a regular basis by its sympathizers.

Anyone can assist the Ghost Security Group by reporting any tips they may receive to The group also accepts donations to purchase computer equipment for its activities.




Stay Tuned!

Pierluigi Paganini

(Security Affairs – ISIL, Paris Attacks)

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