U.S. government officials warn Nazi organizations are using cryptocurrencies such as Bitcoin to fund

On Wednesday, the House of Representatives Financial Services Committee held a hearing in which members discussed the topic of cryptocurrencies. California State Congressman Brad Sherman said the security and confidentiality of cryptocurrencies allows domestic terrorists to fund their operations in the United States. He claims that white supremacists are using Bitcoin, "if Bitcoin works for Hamas, it will work for the Nazis."

The same concerns were expressed by Jared Maples, director of the New Jersey Office of Homeland Security and Defense, and Rena Miller, a financial expert at the Congressional Research Service. Maples noted that Hamas prefers these tokens because of their confidentiality and privacy, and that Andrew Anglin, the founder of neo-Nazi website The Daily Stormer, received a $ 60,000 BTC donation after the attack in Charlottesville, Virginia.