US 'foils' militant cryptocurrency fundraising
These are external links and will open in a new window/ Despite its territorial losses, IS used cryptocurrencies to raise funds The US government says it has thwarted attempts by militant groups to raise funds using digital currency, or cryptocurrency. The campaigns involved Hamas' military wing, the al-Qassam brigades, al-Qaeda and the Islamic State group (IS). US officials said on Thursday that $2m in cryptocurrency had been recovered. Hundreds of cryptocurrency accounts, four websites and four Facebook accounts were also seized, the ...
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