US Authorities Seizes Crypto Millions From Terroristic Funds

The exterior of the U.S. Department of Justice headquarters building in Washington, July 14, 2009. REUTERS/Jonathan Ernst (UNITED STATES) - RTR25O5F

US Department of Justice has voiced that it, along with FBI and other authorities, has revealed a huge amount funds nominated in cryptocurrency which transactions were directed to financing terroristic activities. This information has been provided by Coitelegraph source.

Currently, the authorities have already seized millions of dollars in cryptocurrencies which were circulated among 300+ digital accounts. The precise amount of the funds already seized has not been identified for the public so far.

It is also reported that during this operation the US authorities have shut down several websites and social media which associated with this activity. Basically, they disguised their cooperation with Al-Qaeda and ISIS in the sphere of financing terrorism under cover of purchase and delivery of medical masks.

The funds and transactions were successfully traced by the US Internal Revenue Service and now it is looking for more efficient technical means required to hush down radical and extremists groups economic activity.

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