Onchain proof was key to securing the conviction of three people for terrorism financing in Indonesia in 2024 and 2025, reflecting a transparent shift in the way in which courts worth onchain proof.
“Indonesian courts have demonstrated that cryptocurrency proof — pockets addresses, transaction histories, on-chain flows — shouldn’t be solely admissible however can anchor a terrorism financing prosecution,” TRM stated in an announcement Sunday.
TRM stated terrorism financing networks have most well-liked cryptocurrency as a mechanism of selection to maneuver cash, as authorities and regulators have been gradual to deal with it with the identical degree of scrutiny as conventional fiat channels, however famous that that is now altering.
Indonesian authorities traced one defendant sending greater than $49,000 value of USDt (USDT) throughout 15 transactions from a neighborhood alternate to a international platform, with the funds later routed to an ISIS-linked terrorism fundraising marketing campaign in Syria, based on the blockchain agency.
Indonesia’s monetary intelligence staff and its counterterrorism police unit, Densus 88, carried out the evaluation and introduced the findings to Indonesian courts, which accepted the blockchain knowledge as key proof in every of the three circumstances.
Indonesia shouldn’t be the one nation in Southeast Asia utilizing blockchain analytics to catch criminals, TRM stated.
“Related patterns are rising throughout Southeast Asia, the place governments are investing in blockchain intelligence capabilities and enhancing collaboration between private and non-private sectors to deal with illicit finance dangers.”
TRM Labs stated that Singapore and Malaysia’s monetary intelligence items and regulation enforcement companies are additionally constructing the technical capability to hint cryptocurrency flows.
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On April 1, Cambodian and Chinese language officers captured Li Xiong, a frontrunner of the Huione Group, a corporation that served rip-off facilities in Cambodia that carried out “pig butchering” frauds and different funding schemes to steal crypto from victims world wide.
Xiong was extradited to China, the place he’s set to face fraud and money-laundering expenses.
His extradition got here three months after the arrest of Chen Zhi, the top of Prince Group, which operates Huione Group.
TRM reported in February that illicit entities acquired about $141 billion value of stablecoins in 2025, marking a five-year excessive.
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