Cryptocurrency theft: Al Qaeda Brigades have landed in wallets

The IFSO unit of the Delhi Police was investigating a case of criptocurrency theft when it discovered fraudulent transfers made to the military wing of Hamas. The transactions were made to the banned organisation's wing, the Al Qaeda Brigades.

It all started when a person complained at the Paschim Vihar police station that some unknown persons had fraudulently transferred their Bitcoins,Ethereum andBitcoin cash from his wallet. He said that it was all worth Rs 30 lakh and the value is of Rs 4.5 crore. The case was eventually moved to the Cyber Crime Unit on court orders.

The probe conducted by Malhotra found that the cryptocurrencies have landed in wallets maintained by Al Qaeda Brigades. One of these wallets, belonging to Mohammad Naseer Ibrahim Abdulla, was seized by Israel's National Bureau for Counter Terror Financing.

Some of the transfers are being operated from Giza, Egypt and belong to Ahmed Marzooq from Egypt and Ahmed Q H Safi from Palestine.

The cryptocurrencies were routed through various private wallets before landing in these wallets maintained by the Al Qaeda Brigades.