According to Reuters on Monday, the Tron blockchain has surpassed Bitcoin as the cryptocurrency network most liked by organizations like Hamas and Hezbollah, who are classified as terrorist organizations by the United States, the United Kingdom, and other jurisdictions.According to Reuters’ investigation, there has been a noticeable increase in cryptocurrency seizures from Tron wallets and a decrease in those from Bitcoin wallets since 2021.
Two-thirds of all seizures from Tron wallets since July 2021 have occurred in Israel, where 87 of them have occurred so far this year.These were 39 wallets from Hezbollah, based in Lebanon, and 26 wallets from Palestinian Islamic Jihad, an affiliate of Hamas, which the nation claimed to be its owner in June and July, respectively.
“Earlier it was Bitcoin and now our data shows that these terrorist organizations tend to increasingly favor Tron,” Mriganka Pattnaik, CEO of blockchain analysis firm Merkle Science, said.
A spokesman for Tron, Hayward Wong, responded to the report by telling Reuters that all technologies might “in theory be used for questionable activities,” stressing that Tron had no control over who used its network.