US DOJ Seizes Over 300 Cryptocurrency Accounts Allegedly Operated By Al-Qaeda and ISIS

The US Department of Justice (DOJ) has made its largest seizure of cryptocurrency accounts allegedly belonging and operated by some of the most feared terrorist organizations, namely al-Qaeda, ISIS, and Hamas. According to the press release shared by the Justice Department earlier today, US authorities have seized over 300 accounts containing millions of dollars worth of various cryptocurrencies allegedly belonging to terrorist groups.

Attorney General William Barr said that the US has come to expect its enemies to utilize modern technology, social media platforms, and cryptocurrencies to “facilitate their evil and violent agendas.” Thus, all funds sent from people seeking to provide material support to the terrorist organization went to Bitcoin wallets controlled by the US.

Timeline of Bitcoin