US seizes virtual currency alleged to fund militant groups
August 14, 2020
WASHINGTON (AP) — The Justice Department said Thursday that it has seized millions of dollars from cryptocurrency accounts that militant groups, including al-Qaida and the Islamic State, used to finance their organizations and violent plots.
Law enforcement officials said the groups used the accounts to solicit donations, including through a scam that sought to raise money from the sale of fraudulent personal protective equipment for the coronavirus pandemic.
Officials described it as the largest-ever seizure of virtual currency funds related to terrorism. It's also part of a broader Just...