Ireland 'at risk of funding terrorism' through cash, crypto, and pre-paid credit cards

Payments in cash are a risk because criminal organisations 'use cash payments as their primary modus operandi for illicit activity', according to government report

Terrorists outside conflict zones also withdraw funds through ATMs in order to pay some of the expenses related to their operations in cash, the report suggests. Picture: iStock

The country risks funding terrorism through cash couriers, crypto, and pre-paid credit cards, according to a government report.

The Department of Justice published an assessment of Ireland’s terrorist financing risks and found that five areas were considered a “very significant” risk.