Cryptocurrency Terror Funding: SIA Raids in Jammu and Kashmir

The State Investigation Agency (SIA) of the Jammu and Kashmir Police launched raids in Jammu, Doda, and Handwara (North Kashmir) today. The raids are connected to an ongoing investigation, registered as FIR number 12/2022, that centers on a cross-border funding conspiracy utilizing cryptocurrency. Local police and magistrates supported the SIA in these raids, which focused on financial networks believed to be aiding terrorist activities and radicalizing youth. Investigators recovered vital evidence, including electronic devices and financial documents. The SIA is specifically targeting the use of cryptocurrency to fund violence and radicalization, a method increasingly favored by terrorist organizations.