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Critic: Chainalysis Backtracks Previous Claims of $450K Terrorism Funding 3m ago by

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An X user alleged the existence of contradictions in Chainalysis’ assessment of the crypto terrorism financing narrative.

Chainalysis’ Head of Sanctions Strategy noted that crypto is not a suitable medium for terrorists to move funds.

Chinalysis representative stated the previous $450k figure did not constitute a comprehensive assessment of crypto funds related to any terrorism financing.

Recently, X user “Cryptadamist,” with a notable following on the platform, highlighted alleged contradictions regarding the value of crypto funds in terrorism financing, which blockchain analysis firm Chainalysis had earlier reported.

The X user first recalled when Bitcoin maximalist Nic Carter and other notable figures in the crypto community emphatically asserted that Chainalysis had proved the existence of a mere $450,000 in terrorist financing.

According to Cryptadamist, the analysis firm itself is currently disputing the $450,000. The critic arrived at the claim following a recent podcast featuring the Head of Sanctions Strategy at Chainalysis, Andrew Fierman.

remember when Nic Carter & the rest of the clown car was ranting about how #Chainalysis “proved” t…

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