Largest Seizure of Cryptocurrency Connected to Terrorism

Feds said Thursday that they had conducted the “largest-ever seizure of cryptocurrency” connected to the Al-Qassam Brigades, al-Qaeda and ISIS.

The U.S. also indicted two Turkish nationals, Mehmet Akti and Hüsamettin Karatas, on charges of operating an unlicensed money transmitting business. Authorities have now seized millions of dollars across 300 cryptocurrency accounts, four websites and four Facebook pages connected to these groups.

More than 18 months ago, the al-Qassam Brigades invited supporters through a website to donate to their cause via Bitcoin, calling such donations “untraceable.”

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