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ISIS Nigeria-Turkey Crypto Financing Entities (Nine to Nine, Manhattan Bureau, Generation Currency, Spider, Alkaram)

avoid.net/isis-nigeria-turkey-crypto-financing-entities-nine-to-nine-manhattan-bureau-generation-currency-spider-alkaram→0/100·97% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·56oDmE…Dco5

Summary

On June 22, 2026, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated five entities as nodes in an ISIS cryptocurrency financing network: three Nigerian bureaux de change (Nine to Nine Exchange Bureau de Change Limited, Manhattan Bureau de Change Limited, and Generation Currency Bureau de Change Limited), each owned and controlled by Mukhtar Adamu Muhammad, an alleged ISIS-West Africa financial facilitator based in Lagos; and two Turkey-based money service businesses (Spider Gayrimenkul Ve Genel Ticaret Limited Sirketi and Alkaram Danismanlik Gayrimenkul Ic Ve Dis Genel Ticaret Limited Sirketi), both owned and controlled by Mohamad Alhmidan, who was previously designated by OFAC in March 2016. These entities allegedly served as the cash-conversion and hawala infrastructure through which ISIS supporters across Europe, the Middle East, and Africa routed cryptocurrency to the Islamic State.

Connected Entities

9 entities · 60 linked investigations
Organizations
□Mukhtar Adamu Muhammad (ISIS-WA Nigeria Crypto Facilitator)0□TRON38□Abdelhakim Boukich0□Miloud Abderrahmane (ISIS TRON Facilitator, France)0
Protocols
⌂ISIS Nigeria-Turkey Crypto Financing Entities (Nine to Nine, Manhattan Bureau, Generation Currency, Spider, Alkaram)
Tokens
♦Bitcoin Xchange (Syria-based, ISIS-Linked)0♦Bitcoin62
Wallets
◇TDFj8t…Cnan◇TBXMiR…HsYq
Relationships
  • TBXMiR…HsYq→mentioned with→Miloud Abderrahmane (ISIS TRON Facilitator, France)(50%)
  • TDFj8t…Cnan→mentioned with→Miloud Abderrahmane (ISIS TRON Facilitator, France)(50%)
  • TBXMiR…HsYq→mentioned with→Mukhtar Adamu Muhammad (ISIS-WA Nigeria Crypto Facilitator)(50%)
  • TDFj8t…Cnan→mentioned with→Mukhtar Adamu Muhammad (ISIS-WA Nigeria Crypto Facilitator)(50%)
  • TBXMiR…HsYq→mentioned with→ISIS Nigeria-Turkey Crypto Financing Entities (Nine to Nine, Manhattan Bureau, Generation Currency, Spider, Alkaram)(50%)
  • TDFj8t…Cnan→mentioned with→ISIS Nigeria-Turkey Crypto Financing Entities (Nine to Nine, Manhattan Bureau, Generation Currency, Spider, Alkaram)(50%)
  • TBXMiR…HsYq→mentioned with→Abdelhakim Boukich(50%)
  • TDFj8t…Cnan→mentioned with→Abdelhakim Boukich(50%)
  • Abdelhakim Boukich→mentioned with→Bitcoin(70%)
  • Bitcoin Xchange (Syria-based, ISIS-Linked)→mentioned with→Bitcoin(70%)
  • + 22 more
Also appears in
TRON·38Bitcoin·62Lendf.me·30Shibarium·28Ruslan Igorevich Tkachuk·2SafePal·42Bitcoin Xchange (Syria-based, ISIS-Linked)·0Abdelhakim Boukich·0Kevin Rose·57BitMEX (2026 Class Action — Insider Trading and Liquidation Fraud)·10

Connected Through

8 shared actors · 521 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about ISIS Nigeria-Turkey Crypto Financing Entities (Nine to Nine, Manhattan Bureau, Generation Currency, Spider, Alkaram)?

Timeline(5 events)

March 2016

OFAC first designates Mohamad Alhmidan for facilitating logistical and financial support for ISIS, including supporting foreign terrorist fighters.

U.S. Department of the Treasury

2020

Bitcoin Xchange, a Syria-based money service business linked to a separate node in the ISIS financing network, is established in late 2020 according to TRM Labs analysis.

TRM Labs

22 June 2026

OFAC designates three individuals (Miloud Abderrahmane, Abdelhakim Boukich, Mukhtar Adamu Muhammad) and six entities (Nine to Nine Exchange Bureau de Change, Manhattan Bureau de Change, Generation Currency Bureau de Change, Spider, Alkaram, Bitcoin Xchange) under Executive Order 13224 for materially supporting ISIS. Two TRON wallet addresses linked to Abderrahmane are added to the SDN list.

U.S. Department of the Treasury

23 June 2026

Nigerian press outlets report the physical addresses of the three Lagos-based bureaux de change disclosed by U.S. authorities.

P.M. News Nigeria

24 June 2026

Chainalysis, TRM Labs, and multiple crypto and general news outlets publish analyses of the June 22 designations, detailing on-chain methodology used to identify ISIS-linked exchanger clusters.

Chainalysis / TRM Labs
Provenance & Audit Trail
Anchored on SolanaVerify on-chain12 Wayback Archives

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 12 of 15 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-sonnet-4-6

generated: 6/28/2026, 11:14:54 PM

last updated: 7/27/2026, 8:40:28 PM

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