ISIS Supporter Caught Sending Bitcoin to Syria
A woman in Long Island, New York is facing 110 prison terms for trying to send a total of $150,000 in Bitcoin and altcoins to ISIS.
According to the news in the New York Post, Zoobia A woman named Shahnaz tricked banks into giving her loans and credit cards and used that money to buy cryptocurrencies.. Shahnaz’s loan was worth $22,500. When credit cards were added to the business, this value increased to $62 thousand, and Shahnaz sent this money in crypto money to support the terrorist organization.
A US citizen, Shahnaz previously worked as a laboratory technician at a hospital in Manhattan. According to the findings, Shahnaz traveled to Jordan last year to work as a volunteer doctor in Syrian refugee camps with the Syrian American Medical Society.. According to court documents, ISIS has had a “significant impact.”
In July this year, ISIS supporter Shahnaz was stopped at JFK Airport and interrogated.. Shahnaz, who tried to go to Syria, could not make this journey.. Shahnaz, who was arrested this Wednesday, was charged with bank fraud and money laundering, according to a statement by US attorney general Bridget Rohde.
The Justice Department summarized Shahnaz’s actions as follows:
“ Defendant defrauded numerous financial institutions and converted more than $85,000 illegally into Bitcoin and other cryptocurrencies. He later laundered this money and transferred it out of the country to support the Islamic State of Iraq and the Levant (ISIS). It was stated that it is not clear. FBI co-director William F.. Sweeney stated:
“The FBI New York Joint Terrorism Special Forces has stopped this woman from achieving her dangerous and possibly deadly target.. We will do our best to stop the next people who hope to do the same.”
According to the statements made, Shahnaz is sentenced to 30 years in prison for bank fraud and 20 years for each money laundering sentence if convicted.
The Reputation of Cryptocurrencies
This event is definitely negative for Bitcoin supporters who have long sought to protect and defend the reputation of cryptocurrencies.. While those who are skeptical of Bitcoin constantly argue that cryptocurrencies can be used in illegal acts, money laundering, terrorism, this situation has been very devastating to the reputation of cryptocurrencies. Although Shahnaz’s case shows that he did not play, Shahnaz’s case almost pushes the result of this research aside.
After the attacks in Europe this summer, the European Union wanted to learn to what extent cryptocurrencies were used to financially support terrorist organizations and, if possible, kept anonymity in crypto money transactions. trying to minimize it as much as possible.
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