Bitcoin, Hot News

ISIS member used Bitcoin to fund escape from Syrian prison camps

A British citizen who has allegedly been an ISIS member for four years had appeared before a local court for sending money abroad – using bitcoin – to help the captured ISIS militants escape the prison camps.

The report says that the 27-year old citizen name Hisham Chaudhary faces seven terror charges, involving the membership of a criminal organization and going into fund arrangement.

Additionally, the charges against Chaudhary include compilation and dissemination of a terrorist publication named “The Wholesome Fruit in The Virtues and Etiquettes of Jihad” in October and November from last year. But the accused haven’t indicated any pleas to the seven charges in his video appearance at Westminster Magistrates’ Court.

The report says that Chaudhary is accused of carrying out different responsibilities on behalf of the group like gathering funds and transferring of money thru bitcoin, which reportedly allowed ISIS militants to escape Kurd-controlled prison camps in Syria.

The amount of Bitcoin that Chaudhary acquired and supposedly sent to the militants remains hidden from authorities. Prosecutors assumed that Chaudhary had been an accepted member of the infamous terrorist organization Islamic State from early 2016. It has been banned under UK law since 2014.

Terrorist organizations were using Bitcoin to finance their operations at an increasing rate. Truthfully last August, the US DOJ had seized over 300 cryptocurrency accounts linked or operated by three notorious terrorist groups.

Law enforcement from the US followed the fund to the accounts on the Bitcoin blockchain and has seen millions of dollars’ worth of transfers from “fundraising campaigns” also anonymous donations from the wallets. Finally, US authorities were able to seize over 300 cryptocurrency accounts, four websites and four Facebook pages related to the criminal enterprise.

Leave a Comment

Leave a Reply