A British citizen who has reportedly been an ISIS member for over four years has appeared before a local court. He is being accused of sending money abroad using bitcoin to help captured ISIS militants escape Syrian prison camps. According to a report, the 27-year old citizen named Hisham Chaudhary faces seven terror charges, including membership of a proscribed organization and of entering a funding arrangement. The use of cryptocurrencies like bitcoin has reportedly increased in terror organizations around the world.
British citizen allegedly sent an undisclosed amount of BTC to help free ISIS prisoners.
The accused did not indicate any pleas to the seven charges during his video appearance at Westminster Magistrates’ Court. As per the report, Chaudhary is accused of carrying out specific responsibilities on behalf of the terror group, such as gathering funds and transferring money abroad by using Bitcoin, which reportedly allows ISIS militants to escape Kurd-controlled prison camps in northern Syria. The amount of BTC that the accused acquired and allegedly sent to the militants remains hidden from authorities. According to prosecutors, Chaudhary has been an accepted member of the infamous terrorist organization Islamic State since early 2016.
Cryptocurrency use in terror organizations increases.
Terrorist organizations around the world are turning to cryptocurrency to fund terror activities. Though the use of crypto has increased in terror groups, cash is still the most used payment method. Earlier this year, the US Department of Justice (DOJ) had seized over 300 cryptocurrency accounts linked or operated by three notorious terrorist groups. US law enforcement agencies followed the funds to the accounts on the Bitcoin blockchain and saw millions of dollars worth of transfers from “fundraising campaigns” and anonymous donations ending in the wallets.