PANews|Jun 07, 2026 06:58
[Indian Police Arrest Two Suspects Allegedly Involved in Cryptocurrency Terrorism Financing]
According to The Times of India, police in Gujarat have arrested two suspects allegedly involved in a cryptocurrency network crime. The network is suspected of transactions exceeding 226 million rupees, and investigators claim it is linked to terrorism financing, global drug trafficking, and dark web financial activities. Officials stated that this arrest is part of an ongoing investigation into the use of cryptocurrency channels for terrorism financing. Previously, 10 suspects had already been arrested during the investigation. The two latest suspects are accused of using the KYC information of a man named Sabbir Ali Sarani to create a Binance wallet and receiving 5,000 USDT through layered transactions.
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