Complex Crypto Networks Are Used to Facilitate Financial Flow, Funding Houthis' War

Complex crypto networks are used to facilitate financial flow, funding Houthis' war

Analysts and local sources describe a system built on Tether, temporary wallets, weakly regulated exchanges, and cash-out networks on the ground.

Crypto networks fuel the Houthi war machine

In the basement of a dilapidated building in Yemen’s capital, Sanaa, Nasser Sharhan, 46, sits under the dim light of a candle. A former government …