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Justin Sun, the founder of the Tron blockchain, has defended the network against allegations of facilitating terrorist financing. In a recent post on X (formerly Twitter), Sun emphasized that Tron’s decentralized structure is at the core of its philosophy, similar to Bitcoin and Ethereum. While committed to combating terrorist financing, Sun stated that maintaining decentralization and ensuring the safety of everyone’s assets are the top priorities. Tron is known for its cheap transaction fees and user-friendly protocol, leading to widespread adoption, particularly in the Middle East and Central Asia.According to a Reuters report, Tron has gained traction among terror groups due to its swift and cost-effective transactions. The Israel National Bureau for Counter-Terror Financing (NBCTF) has seized numerous Tron wallets associated with terror groups, with a notable increase in seizures since 2021. The report also highlighted a growing trend of pro-ISIS networks funding their operations with Tether on the Tron network. Additionally, blockchain intelligence platform ChainArgos identified several Tron wallets that Tether blacklisted due to their interactions with Israeli-sanctioned money services providers.Despite the focus on crypto’s potential involvement in funding terrorism, industry players like Coinbase argue that the majority of terrorist financing still relies on traditional financial channels. Coinbase believes that blockchain technology has helped authorities in curbing the illicit use of cryptocurrencies for terrorism financing.

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