DOJ Targets Hamas, Al Qaeda, and ISIS in 'Largest Ever' Terror-Related Crypto Seizure
The Justice Department announced the seizure of terrorism-related cryptocurrency on Thursday following the successful takedown of cyber-enabled finance networks operated by the Islamic State, Hamas’s al Qassam Brigades, and al Qaeda.
“These three terror finance campaigns all relied on sophisticated cyber-tools, including the solicitation of cryptocurrency donations from around the world,” the Justice Department said in a statement. “The action demonstrates how different terrorist groups have similarly adapted their terror finance activities to the cyber age.”
“Each group used cryptocurrency and social media to garner attention and raise funds for their terror campaigns. Pursuant to judicially-authorized warrants, U.S. authorities seized millions of dollars, over 300 cryptocurrency accounts, four websites, and four Facebook pages all related to the criminal enterprise.”
The Justice Department, which has billed it the "largest-ever seizure of terrorist organizations’ cryptocurrency accounts," also unsealed three civil forfeiture complaints totaling 87 pages detailing efforts by Homeland Security Investigations, the IRS Criminal Investigations, and the FBI to take down a host of terrorist websites and to seize numerous bank accounts and hundreds of cryptocurrency accounts (WE / VFI News)
But let justice roll down like waters, and righteousness like an ever-flowing stream. —Amos 5:24