Crypto Used for Terror Funding in J&K? Agencies Flag Digital ‘Hawala’ Network; How It Works

Shadow crypto transactions fuel terror activities in J&K, officials sound alarm - The Tribune

oreign handlers direct funds via unregulated crypto wallets, using VPNs to evade detection and prevent KYC verification.

Terror Funding 2.0: Crypto Hawala May Possibly Aid J&K

Security agencies warn of

Crypto used for terror funding in J&K? Agencies flag digital ‘hawala’ network; how it works

India News: NEW DELHI: Security agencies have flagged a sophisticated “crypto hawala” network allegedly being used to bypass the country’s financial safeguards to.

Indian Agencies Flag Emergence of ‘Crypto Hawala’ Network in Jammu and Kashmir

A complex “crypto hawala” system allegedly receiving untraceable international funds to J&K has been identified by Indian intelligence agencies, fueling fears of terrorism and separatism. The network is said to employ the use of personal crypto-wallets in addition to mule accounts to evade financial regulations and anti-money-laundering measures. The Indian security agencies have warned of a sophisticated ‘crypto hawala’ network having emerged …

Indian Agencies Expose Crypto Hawala Network Funding Terror in Kashmir

TLDR  Indian security agencies identified a digital hawala system channeling foreign crypto funds to Kashmir for terrorism financing. Syndicates use Indian mule accounts to park funds temporarily, paying 0.8%–1.8% commissions to account holders.  Handlers control bank credentials, enabling them to layer transactions and erase the source of foreign funds. Wallet holders travel to cities like Delhi and Mumbai to convert crypto to cash using unreg…

Indian Agencies Warn of Crypto Hawala Network Operating in J&K · Cardano Feed

Key Highlights India under threat: Security agencies have flagged crypto hawala as a new terror-financing route targeting Jammu and Kashmir. Digital money, no trail: Funds are moved through anonymous...