A U.S. federal courtroom has sentenced a U.S. citizen to 13 years in jail for laundering cash for ISIS utilizing Bitcoin and different cryptocurrencies.
Per a Ministry of Justice Announcement on March 13, Zoobia Shahnaz of Lengthy Island obtained a jail sentence of 13 years for working to finance the Islamic State of Iraq and al-Sham via cryptocurrency funds in extra of $ 150,000. She additionally labored to maneuver to Syria to hitch ISIS.
Fraudulent loans for financing
To lift the funds, in line with the unique, Shahnaz would have cheated on the most important banks, together with American Categorical, Chase and Uncover. indictment from December 2017.
America alleged that below false pretenses, Shahnaz had secured loans and bank cards, which she used to purchase cryptocurrencies that she led via Pakistan, China and Turkey, and in the end to ISIS.
Like Cointelegraph reported, Shahnaz was en path to Syria in July 2017 when officers prevented her from boarding a flight at JFK Airport in New York Metropolis. She was arrested later within the 12 months.
Motives: Medical support to Syrian refugees
Shahnaz pleaded responsible to the costs in November 2018 to request A sentence below the rules in a sentencing memorandum earlier in March, Shahnaz's authorized counsel leaned at her age – she was born in 1990 – and at her work as a volunteer with Syrian refugees via the Syrian American Medical Society.
The sentencing memorandum emphasised Shahnaz & # 39; s historical past of charity work:
"Not like the 79 Individuals recognized within the examine who had traveled to Syria and / or Iraq since 2011 and have been affiliated with jihadist teams lively in these international locations, none have been motivated by the identical issues that drove Zoobia Shahnaz . That’s, a need to heal the sick and look after the injured. & # 39;
Provided that the 5 factors towards her may have made her 110 years behind bars as an alternative of 13, the protection technique could have labored.