The Justice Department said that the terror groups were using social media to solicit cryptocurrency donations for funding terror activities.
SOPA Images/LightRocket via Getty ImagesThe Justice Department said that its actions have led to the dismantling of three terrorist financing cyber-enabled campaigns that used social media to obtain cryptocurrency for carrying out terrorist attacks.filed by the DOJ on Thursday show that the agency has seized bitcoin from 155 accounts allegedly being used by Al Qaeda.
The FBI, the IRS’ cyber crimes unit and Homeland Security Investigations allege that Al-Qaeda had created a channel on the messaging app Telegram that was used to solicit bitcoin donations to fund the group’s terror activities.filed in a D.C. federal court, U.S. authorities have sought an arrest warrant for two individuals, Mehmet Akti and Hüsamettı̇n Karataş, who allegedly stored and transferred cryptocurrencies to Hamas’ military wing, the al-Qassam Brigade.
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