Indonesian courts have convicted three individuals for terrorism financing in 2024 and 2025, relying heavily on onchain evidence.
TRM Labs confirmed that cryptocurrency transaction data-wallet addresses, transaction histories, and on-chain flows-were admissible and pivotal in the cases. One defendant transferred over $49,000 in USDT across 15 transactions from a local exchange to a foreign platform, with funds later routed to an ISIS-linked campaign in Syria.
Indonesia’s financial intelligence team and counterterrorism police unit Densus 88 conducted the analysis and presented the findings to courts, which accepted the blockchain data as key evidence.
TRM Labs noted similar trends in Southeast Asia, with Singapore and Malaysia also developing blockchain analytics capabilities. In a related case, Cambodian and Chinese authorities arrested Li Xiong, a leader of the Huione Group, for running crypto scams in Cambodia. He was extradited to China to face fraud and money-laundering charges.
In February, TRM reported that illicit stablecoin activity hit a five-year high, totaling $141 billion in 2025.
Source: TRM Labs