LATEST UPDATES

Police Warns Of ‘Legal Action’ If Front, Rear HSNP Not Affixed In Vehicles

Precious Kashmir 17/08/2022

Shopian Killing: 2 involved persons identified, strict action to be taken, Says DGP

Precious Kashmir 17/08/2022

Shopian Killing: KP employees, members protest in Jammu, demand relocation

Precious Kashmir 17/08/2022

President MC Magam arrested for granting building permission beyond his competence

Precious Kashmir 17/08/2022

MeT predicts scattered light rain in J&K

Precious Kashmir 17/08/2022

Livestock, makeshift tent swept away after cloudburst hit near Jawahar Tunnel

Precious Kashmir 17/08/2022

6 semi-decomposed bodies found in two houses in Jammu

Precious Kashmir 17/08/2022

Militant hideout busted during search ops in Shopian village: Police

Precious Kashmir 17/08/2022

Shopian Killing: LG ‘Pained Beyond Words’; Omar, Sajad Condemn Too

Precious Kashmir 16/08/2022

Minority Community Member shot dead, brother injured in Shopian

Precious Kashmir 16/08/2022

4 ITBP personnel killed, 37 others injured as bus fall into gorge near Chandanwari

Precious Kashmir 16/08/2022

Widespread rain forecast in Kashmir, isolated showers in Jammu

Precious Kashmir 16/08/2022
  • Sumo drivers hold protest, demand release of pending payments

    Shopian Killing: KP employees, members protest in Jammu, demand relocation

    492 shares
    Share 197 Tweet 123
  • J&K No. 2 in C-Section deliveries, Pulwama tops list

    494 shares
    Share 198 Tweet 124
  • DIG Amit Kumar, 3 soldiers conferred Shaurya Chakra

    525 shares
    Share 210 Tweet 131
  • Former Australian all-rounder Andrew Symonds dies in car crash

    496 shares
    Share 198 Tweet 124
  • NSE had put aside Rs 2000 crore to deal with the co-location fallout

    493 shares
    Share 197 Tweet 123
  • Avian Influenza hits poultry industry, mutton disappears

    499 shares
    Share 200 Tweet 125
  • 8 militants killed in Shopian, Pulwama encounters

    493 shares
    Share 197 Tweet 123
  • Home
  • Front
  • Jammu & Kashmir
    • City
  • Anchor stories
  • Business
  • Sports
  • National
  • World
  • Opinion
    • Edit
    • Interviews
    • Letters
  • epaper
Thursday, August 18, 2022
PRECIOUS KASHMIR
No Result
View All Result
  • Home
  • Front
  • Jammu & Kashmir
    • City
  • Anchor stories
  • Business
  • Sports
  • National
  • World
  • Opinion
    • Edit
    • Interviews
    • Letters
  • epaper
Precious Kashmir
No Result
View All Result
Home Front

Bitcoin channels pumping Pak money for J&K militancy: SIA

Precious Kashmir by Precious Kashmir
04/08/2022
in Front
2 min read
FacebookTwitterWhatsappEmail

Srinagar: The Jammu and Kashmir Police’s State Investigation Agency (SIA) on Wednesday carried out raids at seven places in the union territory in connection with militancy funding via Bitcoin trade, police spokesman said.

The searches were conducted at multiple locations spread across J&K and house premises of suspects were searched in Mendhar, Poonch, Baramulla, Kupwara and Handwara in connection with investigation of a case registered in Counter Intelligence Police Station in Srinagar.

The case pertains to terror financing via Bitcoin trade. Police said the Pakistani mastermind in the financing has been identified.

“Details that are being investigated into at the initial stage include a mastermind in Pakistan who with active support of Pakistani intelligence agencies and in connivance with proscribed terrorist organization(s) based in Pakistan has been pumping slush money to their agents in J&K for further distribution among terrorist organisation(s), secessionist(s) for fueling mass violence and terrorist activities in J&K. The Pakistani mastermind has been comprehensively identified. His particulars, however, is being kept confidential because other agents connected with him are not alerted,” the spokesman said.

The houses searched were that of Zahida Bano of Hajinaka Manigah Hyhama, Kupwara; Ghulam Mujataba Deedad of Lone Hari, Kupwara; Tamjeeda Begum of Satkoji Rajwara, Handwara; Yasir Ahmad Mir of Dewan Bagh Baramulla; Mohammad Sayed Masoodi of Trajpora, Baramulla; Farooq Ahmad of Gagrian, Mandi Poonch and Imran Chowdhary of Dharana Mendhar.

“Preliminary investigation revealed evidence that the dirty money originating from Pakistan has reached these persons (whose houses were searched),” he said.

The transfer of money has been layered to prevent backward tracing of its origin, the investigation has revealed.

“While several accounts-in-the-middle that have been used to layer the money are outside J&K, the effective whitewashing of the Pakistani money has taken place through exploitation of loopholes in the international bitcoin trade,” he said.

“During searches conducted today, incriminating material believed to be hidden in digital devices, SIM cards, mobile phones and documents, having a bearing on the investigation have been recovered and seized. Analysis of the data and questioning of suspects would follow and leads that would emerge would become the basis of further investigation,” the spokesman added.

 

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to print (Opens in new window)

Related

Share196Tweet123SendSend
Precious Kashmir

Precious Kashmir

  • Sumo drivers hold protest, demand release of pending payments

    Shopian Killing: KP employees, members protest in Jammu, demand relocation

    492 shares
    Share 197 Tweet 123
  • J&K No. 2 in C-Section deliveries, Pulwama tops list

    494 shares
    Share 198 Tweet 124
  • DIG Amit Kumar, 3 soldiers conferred Shaurya Chakra

    525 shares
    Share 210 Tweet 131
  • Former Australian all-rounder Andrew Symonds dies in car crash

    496 shares
    Share 198 Tweet 124
  • NSE had put aside Rs 2000 crore to deal with the co-location fallout

    493 shares
    Share 197 Tweet 123
  • Avian Influenza hits poultry industry, mutton disappears

    499 shares
    Share 200 Tweet 125
  • 8 militants killed in Shopian, Pulwama encounters

    493 shares
    Share 197 Tweet 123
Precious Kashmir

Copyright © 2020 Precious Kashmir.

Navigate Site

  • Home
  • About Us
  • Contact Us
  • Advertise with Us
  • Terms of Service

Follow Us

No Result
View All Result
  • Home
  • Front
  • Jammu & Kashmir
    • City
  • Anchor stories
  • Business
  • Sports
  • National
  • World
  • Opinion
    • Edit
    • Interviews
    • Letters
  • epaper

Copyright © 2020 Precious Kashmir.