Former terrorist went to prison 16 months for selling bank card data on the darknet – Bits Media

Briton Khuram Iqbal, who was jailed for terrorism, received a new prison sentence for trading data on the darknet., including illegal cryptocurrency transactions on 12 000 pounds sterling.

Khuram Iqbal (Khurram Iqbal) from 10 November 2017 years to 20 Martha 2021 of the year
committed 392 transactions on amount about 12 000 pounds sterling ($15 000). In January 2020 year, Iqbal conducted three Bitcoin transactions on the dark web on a site for selling stolen credit card user credentials.

Cryptocurrency exchange Coinbase published a report of suspicious activity, what prompted the British police to investigate the activities of a former terrorist in the cryptocurrency market. In August 2021 police searched the accused's address and seized Iqbal's mobile phone.

Cryptocurrency applications and a browser were installed on the device, providing access to the darknet. During police interrogation, Iqbal admitted, which uses two wallets for cryptocurrency transactions. By doing so, he violated the order to notify the police of all his accounts for a period of time. 10 years.

The suspect denied, that uses the darknet for illegal activities. The judge did not agree with the criminal and his lawyer, that his client's violations were unintentional, and sentenced Iqbal to 16 months in prison.

Prosecutor Paul Jarvis explained, how the criminal managed to bypass the control of law enforcement agencies. He added, that Iqbal made all cryptocurrency transactions illegally.

“The nature of cryptocurrencies does not allow them to be traced, so he could manage two email addresses and two cryptocurrency wallets, without arousing police suspicion".

In July, Israeli authorities confiscated Hamas-linked 84 cryptocurrency wallet with cryptocurrencies on $7.7 millions. IN 2020 year, French police arrested during a major operation 29 Human, suspected of financing Islamist extremists in Syria using cryptocurrencies. According to the NGO "Anti-Terrorism Project", ISIS (terrorist organization banned in Russia) stored more $300 millions in cryptocurrencies.