On Thursday, the US Department of Justice announced that it has thwarted efforts by the military wing of the Palestinian Hamas movement, al-Qaeda and ISIS to raise funds through digital currencies via
On Thursday, the US Department of Justice announced that it had thwarted efforts by the movement’s military wing Hamas The Palestinian Authority, Al Qaeda and ISIS organizations, to raise money through digital currencies through schemes that include selling fake safety equipment to prevent “Covid-19” to American hospitals.
US officials said in press statements, that they “confiscated about two million dollars during the largest American move ever to confront the extremist groups’ use of digital currencies.” The authorities said they also seized 300 cryptocurrency accounts, four websites and four Facebook pages.
“These measures represent the largest process of seizing digital currencies that the government undertakes in the context of financing militancy,” the ministry noted in a statement.
The US Department of Justice, the Internal Revenue Service, the Federal Bureau of Investigation (FBI) and the Department of Homeland Security participated in the investigations that halted the fundraising schemes.
John Demers, head of the Department of Justice’s National Security Service, said investigators confiscated about $ 2 million during the campaign. Officials said that during the final stages of the investigation, US agents ran a secret website that simulated a Hamas website for 30 days.
Investigators said the ISIS plot used a website called (FaceMaskCenter.com) to promote personal protective equipment that was promoted as Food and Drug Administration approved for hospitals and nursing homes in the United States. The group promoted the fake equipment through Facebook accounts.
But the Justice Ministry statement said the equipment was “not approved by the Food and Drug Administration.”
Investigators said that Al Qaeda had called for donations via the Telegram app.
In 2019, the military wing of Hamas, known as Al-Qassam Brigades, published a request for digital currency donations on its social media page, and moved it to its official sites. Investigators said that US authorities were able to confiscate all 150 digital currency accounts that were being used for money laundering.