The U.S. Department of Justice announced Thursday it had disrupted three terrorist-financing cryptocurrency campaigns associated with Al Qaeda, the Islamic State (ISIS), and the Hamas-affiliated Al Qassam Brigades.
U.S. authorities seized “millions” of dollars from over 300 cryptocurrency accounts, four websites, and four Facebook pages associated with the terror financing efforts, according to a DOJ press release Thursday.
U.S. Attorney General William Barr said, “It should not surprise anyone that our enemies use modern technology, social media platforms and cryptocurrency to facilitate their evil and violent agendas.”
“The Department of Justice will employ all available resources to protect the lives and safety of the American public from terrorist groups,” Barr continued. “We will prosecute their money laundering, terrorist financing and violent illegal activities wherever we find them. And, as announced today, we will seize the funds and the instrumentalities that provide a lifeline for their operations whenever possible.”
The Internal Revenue Service, Department of Homeland Security, Federal Bureau of Investigation, and the prosecutors from the D.C. U.S. Attorney’s Office and National Security Division all participated in the effort to take down the terror financing sites. more here