Moroccan authorities have registered 116 criminal cases of cryptocurrency being used to finance terrorism in 2024, reported North Africa Post. In a report by the Public Prosecution Presidency on cybercrime, issued by the judicial authorities of Morocco this past December, 801 cases of money-laundering were also registered. Other cyber crimes included online fraud, electronic sexual harassment through messages or recordings, crime incitement via digital platforms, harmful content distribution facilitating child exploitation, and obscene material production using information systems.
The report documented the fact that terrorist groups are increasingly relying on digital currencies to fund activities, including providing logistics, maintaining operational networks, and facilitating discreet financial transfers, allowing them to bypass banking oversight and monitoring systems.
