A 35-year old was apprehended by the South African law enforcement agency. Claims has it that he is being suspected of using cryptocurrency to fund terrorist activities. According to the report made by the Hawks the said man was tracked to his house In Johannesburg. .
News from the spokes man for the law enforcement agency Philani Nkwalese, has it that the Hawks launched an investigation into the man after receiving information about the terror-related activities.
It was when the Financial Intelligence Centre (FIC) and the Hawks received information about the suspicious transaction allegedly linked to terrorism sometime in 2018 they swung into investigation and it is said the cryptocurrency was in Bitcoin worth $614 (ZAR11,500) purchase via Lino. It is said that the transaction took place on the 30th of November 2017.
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Topic: South Africa man suspected of using crypto funds for terrorist activity (Read 13 times)
January 04, 2025, 06:17:17 PM
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