Woman In New York Admits Guilt To Using Bitcoin To Launder Funds Into ISIS Terror Group


A New York-Based Woman Pleads Guilty To Laundering Money In Bitcoin To ISIS Terror Group

On Monday, a young New York-based woman, Zoobia Shahnaz, was found guilty for laundering money in Bitcoin in support of the ISIS, an Islamic terror Group.

According to the Attorney’s Office for the Eastern District of New York, Shahnaz, a 27-year old resident of Brentwood, Long Island, pleaded guilty to the charges of operating a scam and support the ISIS after confessing that she wired over %150,000 to both shell and individual entities fighting for ISIS in Turkey, China, and Pakistan in 2017.

Shahnaz Faces 20 Years In Jail

Shahnaz was also intercepted in 2017 as she was trying to flee to Syria from the U.S. with the motive of joining the terror group. Since December last year, she has remained in the hands of authorities pending hearing and determination of her case.

According to the New York court, Shahnaz faces 20 years in prison for providing material support to a terrorist organization. The court documents reveal that in 2016 she traveled to Jordan with the Syrian American medical Society.

A court filing made by prosecutors last year stated that:

“For two weeks, she assisted in providing medical aid to Syrian refugees in Amman Jordan and in the Zataari Refugee camp, where ISIS exercises significant influence.”

Shanzahn Not New To Scam Allegations

The bitcoin money laundering scam isn’t the first that Shahnaz has faced. In March 2017, she was allegedly engaged in a scheme that intended to scam Discovery, American Express, TD Bank, and Chase Bank by obtaining six credit cards fraudulently. She used those cards to purchase over $62,703 worth of bitcoin and other digital currencies.

In a court document, prosecutors said that:

“Most of these cryptocurrencies that Shahnaz purchased were then converted to U.S. dollars and transferred into a checking account in the defendant's name.”

Last year, Shahnaz was also accused of conducting online research on ISIS, looking for fighters, financiers, and recruiters associated with the terror group.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide