#BREAKING - The D.O.J. seized millions of dollars from cryptocurrency accounts used by militant organizations based abroad, including the Islamic State group and al-Qaida, officials announced. (AP)
https://apnews.com/2d4a02a5ba390b1285ad6ba7a80c9f61?utm_medium=AP&utm_source=Twitter&utm_campaign=SocialFlow
US seizes digital currency accounts used by militant groups
By ERIC TUCKER8 minutes ago
WASHINGTON (AP) — The Justice Department has seized millions of dollars from cryptocurrency accounts that militant organization abroad, including al-Qaida and the Islamic State group, relied on to raise money for their operations, officials announced Thursday.
The Trump administration said the groups used the accounts to solicit donations for their causes, including through a bogus scam that officials say purported to sell protective gear for the coronavirus pandemic.
Officials described it as the largest-ever seizure of digital currency funds related to terrorism.
The action, including a forfeiture complaint filed in Washington’s federal court, is meant to deprive the organizations of fund needed to buy weapons and train fighters.
ADVERTISEMENT
The department said it has seized millions of dollars, more than 300 cryptocurrency accounts and four websites. The money seized is expected to be given to a fund for victims of terrorist attacks.
The seizure also involved the military wing of Hamas.
“Without funding, you cannot have these operations conducted,” said Michael Sherwin, the acting U.S. attorney for the District of Columbia. “The focus here was a very proactive effort to target these organizations in a very wide-scale manner.”
ADVERTISEMENT
Trending on AP News
Jolie seeks removal of private judge in Pitt divorce case
Money offered for info on former ‘Tiger King’ star husband
US attorney experiencing 'tidal wave' of cases after ruling
by Taboola
ADVERTISEMENT
Jolie seeks removal of private judge in Pitt divorce caseLOS ANGELES (AP) — Angelina Jolie asked Monday that the private judge overseeing her divorce from Brad Pitt be disqualified from the case because of insufficient disclosures of his business…
August 11, 2020
Ad Content
The Trick To Watch US Only Netflix ShowsPromoted: TheTopFiveVPN
Man With Reputation for Big Calls Says "Too Late for 5G"Promoted: The Legacy Report
Joe Biden's Biggest Supporters Ranked In OrderPromoted: Forbes.com
20 Photos That Will Make Parents Today CringePromoted: Past Factory
Money offered for info on former ‘Tiger King’ star husbandST. PETERSBURG, Fla. (AP) — The family of a Florida man who disappeared in 1997 and who appeared on the hit TV series “Tiger King,” has hired a lawyer and is offering $100,000 in exchange for…
August 10, 2020
US attorney experiencing 'tidal wave' of cases after rulingTULSA, Okla. (AP) — Federal prosecutors from as far away as New York and Florida are helping the U.S. attorney in Tulsa, Oklahoma, deal with what he described Tuesday as a “tidal wave" of new…
August 11, 2020
Ad Content
Here Are the Billionaires Backing Donald Trump's CampaignPromoted: Forbes.com
Every New Car You Can Still Buy with a Manual TransmissionPromoted: Car and Driver
Israeli mask maker Sonovia expects 99% coronavirus success after lab testPromoted: Reuters | Sonomask by Sonovia
More charges for man accused of preying on homeless womenPHOENIX (AP) — More victims of a man accused of luring homeless women with the promise of food and shelter only to sexually assault them have been identified, Phoenix police said…
August 7, 2020
Kahele wins Hawaii Democratic primary for Gabbard's seatHONOLULU (AP) — Kai Kahele was prepared to do the unthinkable: take on an incumbent from his own party for a U.S. House seat. He felt so strongly that Hawaii residents were being hurt by the…
August 9, 2020
ADVERTISEMENT
AP NEWS
Top Stories
Video
Contact Us
Download AP NEWS
Connect with the definitive source for global and local news
More from AP
ap.org
AP Insights
AP Definitive Source
AP Images Spotlight
AP Explore
AP Books
Follow AP
The Associated Press
About
Contact
Customer Support
Careers
Terms & Conditions
Privacy
All contents © copyright 2020 The Associated Press. All rights reserved.
CDC chief warns: Coronavirus amid flu season could lead to "worst fall" in history
https://twitter.com/thehill/status/1293936870271967232
The Atlantic gets its 10th named storm, Josephine, faster than any other hurricane season on record
https://twitter.com/business/status/1293942043841101825
BREAKING - Escalation in the Mediterranean Sea: Greek navy has allegedly attacked the Turkish research vessel Oruç Reis. Turkish navy is responding.