"CRYPTO FUELS DRONE PURCHASES IN RUSSIA AND IRAN 🇮🇷 🇷🇺"🚨🚨🚨

While most drone purchases are made using traditional financial rails, procurement networks are ⁠increasingly intersecting with the blockchain, the public digital ledger on which cryptocurrencies are based, Chainalysis found. That ​ledger allows investigators to map the path of a transaction from its origin to its destination.
Blockchain researchers ​at Chainalysis were able to trace the flow of crypto from individual wallets connected to drone developers or paramilitary groups to the purchase of low-cost drones and their components from vendors on e-commerce sites
Chainalysis was able to match transactions in crypto for between $2,200 and $3,500 to the exact price points of drones and drone components on ​e-commerce platforms, Fierman said.
"We ​saw everything from the ⁠request for the drones and the parts and how much they were looking to get, and then the pictures showing that they had procured those goods," ​he said.
The report also found that Iran-linked groups are using crypto to ​procure drone parts ⁠and sell military equipment. It specifically highlighted a crypto wallet with connections to Iran's Islamic Revolutionary Guard Corps purchasing drone parts from a Hong Kong-based supplier.