Categories: MarketsMenafn

Woman Convicted for Bitcoin-Funded Syrian Terrorism

Victoria Jacobs, also known as Bakhrom Talipov, has been sentenced to 18 years in prison by a New York State Supreme Court jury.

The Manhattan District Attorney’s office confirmed, through a press release, that Jacobs was convicted on multiple charges, including Soliciting or Providing Support for an Act of Terrorism, Money Laundering, and Criminal Possession of a Weapon. She was found to have played a critical role in raising and laundering thousands of dollars for Syrian terrorist groups from her Manhattan apartment.

Details of the Crypto-Financed Terrorism

Between September 2018 and June 2019, Jacobs sent over $6,000 to Malhama Tactical, a group that provides military training to Hay’at Tahrir al-Sham, a Syria-based terrorist organization. Jacobs laundered more than $12,000 on behalf of Malhama Tactical through Bitcoin, Western Union, and MoneyGram wire transfers. The funds were collected globally and channeled into Bitcoin wallets controlled by Malhama Tactical, exploiting the anonymity of cryptocurrency to facilitate transactions.

Global Regulatory Response to Cryptocurrency Misuse

The increasing use of cryptocurrency in funding illegal activities such as terrorism financing has highlighted the need for more stringent regulatory measures worldwide. Some countries, like the United Kingdom, have recently passed legislation that increases the authority of local agencies to seize assets linked to criminal activities, including those hidden behind cryptocurrencies. These measures aim to address the challenges posed by the decentralized nature of digital currencies, which can often shield criminals from quick detection and intervention by law enforcement.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

XRP Whale Transfers Spark Surge, Ethereum Eyes $4,000, Bitcoin Targets $130K — Find Mining Launches New App

As Bitcoin Targets $130K and Ethereum Nears $4,000, Find Mining Empowers Users with Smart Cloud…

13 hours ago

U-topia Joins The International Chamber of Virtual Assets Through TheBlock’s Startup Program

Dubai, UAE, 29th July 2025, ZEX PR WIRE, U-topia, a technology company working at the intersection…

13 hours ago

BNB Rallying Over 6%—Why Are Savvy Investors Secretly Flocking to BTC Miner Cloud Mining?

New York, 29th July 2025, ZEX PR WIRE, Today, Binance Coin (BNB) led the market…

13 hours ago

$1 Memecoin Relaunches as Community-Led Movement Against Inflation and Dollar Erosion

London, United Kingdom, 29th July 2025, ZEX PR WIRE, A decentralized crypto protest is gaining…

23 hours ago

Predictino Launches Public PREDINO Presale to Bring AI Forecasting to Crypto Traders

London, UK, 29th July 2025, ZEX PR WIRE, Predictino, an AI-powered trading intelligence platform, has…

23 hours ago

Global Side Hustle Revolution: Remote Workers Flock to InvroMining Cloud Mining, $100 Daily Earnings Becoming the New Normal

London, UK, 28th July 2025, ZEX PR WIRE, Globally, “telecommuting” and “digital side hustling” are…

1 day ago