Cryptocurrencies
U.S. Seized Cryptocurrency From Three Terrorist Groups
- About 300 accounts and $2 million were captured, DOJ says
- Islamic State tried to sell fake coronavirus equipment: DOJ
Photographer: Akos Stiller/Bloomberg
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The Trump administration has dismantled digital campaigns by al-Qaeda and other terrorist groups that used social media to obtain cryptocurrency for carrying out terrorist attacks, the Justice Department said Thursday.
The U.S. seized about $2 million and more than 300 cryptocurrency accounts used by al-Qaeda, the al-Qassam Brigades -- Hamas’s military wing -- and the Islamic State of Iraq and the Levant -- widely known as ISIS -- in what the Justice Department said was “the government’s largest-ever seizure of cryptocurrency in the terrorism context.”