106289144-1576018229545barr.jpgv1597332603.jpeg
POLITICS

U.S. seizes $2 million {dollars} from crypto accounts utilized by terror teams – Information by Automobilnews.eu

U.S. seizes $2 million {dollars} from crypto accounts utilized by terror teams


U.S. Legal professional Normal William Barr, December 10, 2019.

Mark Wilson | Getty Photos

WASHINGTON — The Justice Division stated it dismantled an elaborate cyber marketing campaign utilized by abroad terror organizations to finance their operations and seized $2 million from greater than 300 cryptocurrency accounts in what it described because the largest-ever seizure of its sort.

The Justice Division stated three abroad terrorist teams — al-Qassam Brigades, Hamas’ navy wing; al-Qaeda and the Islamic State of Iraq and the Levant, also called ISIS — used cryptocurrencies and social media to lift funds for his or her terror campaigns. 

“It shouldn’t shock anybody that our enemies use fashionable know-how, social media platforms and cryptocurrency to facilitate their evil and violent agendas,” Legal professional Normal William Barr stated in a launch. “As introduced at this time, we’ll seize the funds and the instrumentalities that present a lifeline for his or her operations at any time when potential,” he added.

“Terrorist networks have tailored to know-how, conducting advanced monetary transactions within the digital world, together with by means of cryptocurrencies. IRS-CI particular brokers within the DC cybercrimes unit work diligently to unravel these monetary networks,” Secretary of the Treasury Steven Mnuchin stated in a launch.

In one of many instances, the U.S. secretly took over web sites that have been operated by al-Qassam Brigades and monitored those that thought they’d opened up their cyber wallets to the fear group however as an alternative donated cash to an account managed by the U.S. authorities, in keeping with court docket paperwork unsealed Thursday within the District of Columbia. 

A senior Justice Division official stated that federal brokers have been investigating people who donated to these accounts.

Federal brokers stated that the al Qaeda marketing campaign was based mostly in Syria and solicited funds in an effort to purchase weapons, together with surface-to-air missiles, and the ISIS marketing campaign sought to benefit from the Covid-19 pandemic by promoting pretend private protecting gear.

advertising
U.S. seizes $2 million {dollars} from crypto accounts utilized by terror teams – Information by Automobilnews.eu
Comments

TOP STORIES

To Top