DoJ Seizes MILLIONS in Cryptocurrency from Islamic Terrorist Groups

(AmericanPoliticalDaily.com)- The Department of Justice announced this week that millions of dollars in cryptocurrency have been seized from three Islamic terrorist groups. The money was being used to fund terrorist activities by the Islamic State, al-Qassam Brigades, and al-Qaeda.

Islamic State activity has significantly declined in recent years. President Donald Trump and the United States Military used precision strikes to take out the biggest leaders of the terrorist organization, and have effectively destroyed the group without declaring new wars like other presidents have done in the past. It’s a huge success for the United States and the announcement that this money has been seized signals just how well the United States has been able to decapitate these terrorist groups.

Federal officials announced on Thursday that the seizing of $2 million in cryptocurrency is the biggest confiscation in history in the context of taking terrorist funds.

ISIS has lost its leaders, lost its territory, and now lost its funding. President Trump is decapitating extremists.

“Two million dollars is a lot of equipment that they can buy, a lot of weapons, a lot of training that they can fund, a lot of tickets to fly people around the world,” John C. Demers, the Assistant Attorney General, told the media. “This is going to make a big difference in their operation.”

Treasury Secretary Steven T. Mnuchin also commented on the news, describing how terrorists have increasingly moved to use technology and cryptocurrency to support their efforts as it becomes more difficult to operate through conventional means.

“Terrorist networks have adapted to technology, conducting complex financial transactions I the digital world, including through cryptocurrencies,” he said.

According to federal prosecutors, the three terrorist groups who were using these funds were relying on various cyber-tools to take donations from supporters all over the world. It means that Islamists from various countries, including Western nations, are supporting terrorist activities abroad with cryptocurrency. The donations, however, weren’t anonymous.

The Internal Revenue Service, Homeland Security, as well as the Federal Bureau of Investigations have tracked and seized 150 cryptocurrency accounts that were used for laundering money for these terrorist groups.

The Justice Department announced that in some instances, the donations were solicited through social media platforms and apps like Telegram. Many claimed the donations were for charities when they are actually “openly and explicitly soliciting funds for violent terrorist attacks.”

One charity, for instance, took donations to give weapons to terrorists in Syria.

How will the Democrats spin this one? Or will they just ignore this huge success in the war on terror?