A New York lady has been blamed for laundering bitcoin and different digital currencies and wiring the cash to help the alleged Islamic State. Zoobia Shahnaz, 27, was accused of bank extortion, connivance to submit illegal tax avoidance and tax evasion and is being held without safeguard.
Ms Shahnaz was conceived in Pakistan and filled in as a lab professional in the US. Prosecutors say she took out fake advances of $85,000 (£63,000) with a specific end goal to purchase the bitcoin on the web.
Bitcoin is an online money. In spite of not being lawful delicate – it can’t be utilized to pay for customary merchandise and ventures – the estimation of bitcoin has soared for this present year.
What is Bitcoin?
It has been misused by offenders to launder cash. English experts are pushing to expand direction of the money. As per court records, Ms Shahnaz, who lives in Brentwood on Long Island, was a lab specialist at a Manhattan healing center until June.Prosecutors said that Ms Shahnaz acquired a Pakistani international ID in July and booked a flight to Pakistan with a delay in Istanbul, expecting to go to Syria.
She was captured at John F Kennedy airplane terminal conveying $9,500 in real money, simply under the cutoff of $10,000 that a man can legitimately remove from the nation without announcing the assets.
[ Further Reading: Twitter and Facebook to Aid Inquiry on Russian Brexit ]
Inquiries of her electronic gadgets demonstrated various scans for Islamic State-related material. Ms Shahnaz faces up to 20 years in jail on each of the tax evasion energizes and to 30 years for the bank misrepresentation charge.
Her attorney, Steve Zissou, said she was sending cash abroad to help Syrian evacuees. “What she saw made her gave to decreasing the misery of a considerable measure of the Syrian displaced people and all that she does is for that reason,” Mr Zissou said outside the courthouse.