Pakistan startup funding Kashmir through bitcoin if other avenues were closed
Neighbouring country's new tactic: The masterminds sitting in Pakistan are providing money to the agents with the connivance of ISI and terrorist organizations.
For the first time, security agencies in Jammu and Kashmir have detected a Pakistani ploy to fund terrorism through bitcoin. The State Investigation Agency (SIA) raided the houses of 7 persons, including 2 women, in Mendhar, Poonch, Baramulla and Kupwara districts of Jammu and Kashmir.
During the raids, the agency seized digital devices, SIM cards, mobile phones and documents. According to the police, the houses that were raided are Zahida Bano, Ghulam Mujtaba Didad and Tamjida Begum of Kupwara, Yasir Mir, Mohd Syed Masoodi of Baramulla, Farooq Ahmed and Imran Choudhary of Poonch.
According to the SIA, after the closure of all the avenues of the terrorist economy in India, Pakistan is now adopting new tactics. The Pakistani mastermind who sent the funds has been identified. His identity has been kept confidential so that the ground network can be destroyed.
Investigations suggest that bitcoin or other cryptocurrencies are transferred from crypto accounts in Pakistan or other countries to handlers based in Jammu and Kashmir. Handlers collect crypto cash from their bank accounts and give the money to terrorists.
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