US to act against terror funding, networks

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Washington DC: US has issued directives to dismantle cyber-enabled terror financing campaigns of al Qaeda and Islamic State.

The Department of Justice said the coordinated operation will be directed towards this. The “largest-ever seizure of cryptocurrency” in terrorism has already been done, it said.

The US authorities have seized millions of dollars, over 300 cryptocurrency accounts, four websites, four Facebook pages and other things related to the terror enterprise.

The Department further said that terror networks have adapted to technology and started using cryptocurrencies to perpetrate their dastardly acts. The US will work hold such organisations “accountable for their crimes”, it said.

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