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Militants push supporters to donate through bitcoin, police say amid crackdown
Bitcoin is the most common virtual currency and is used as a vehicle for moving money around the world quickly and anonymously
Updated 04 February 2021
February 04, 2021 20:38
KARACHI: Police in Pakistan say the use of digital currencies, including bitcoin, for international terror financing, as well as crimes such as extortion and ransom, is on the rise as authorities move to crack down on illegal methods of money transfer.
Bitcoin is the most common virtual currency and is used as a vehicle for moving money around the world quickly and anonymously via the web without the need for third-party verification.
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Source: AP Photo
The Department of Justice announced on Wednesday that a naturalized U.S. citizen has been returned to Minnesota to serve time after pleading guilty to providing support to ISIS.
Abdelhamid Al-Madioum, 24, pleaded guilty to one count of providing material support and resources to ISIS. Al-Madioum had been detained by Syrian Democratic Forces (SDF) overseas and subsequently transferred into FBI custody.
The former ISIS soldier, a Morocco native and naturalized U.S. citizen, traveled from St. Louis Park, Minnesota, to Casablanca, Morocco, to visit extended family before traveling to Turkey and connecting with ISIS members. There, ISIS helped Al-Madioum cross the border into Syrian where he later joined other members of ISIS who brought him to Mosul, Iraq, according to the defendant s guilty plea.