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An American man has been sentenced to 30 years in prison for using cryptocurrency to fund ISIS.

BlockBeats News, May 9th, according to The Block, a Virginia man named Mohammed Azharuddin Chhipa has been sentenced to 30 years in prison for using cryptocurrency to fund the Islamic State (ISIS). The Department of Justice stated that between 2019 and 2022, he raised over $185,000 through social media and converted the funds into cryptocurrency, transferred them to Turkey, and eventually to ISIS members inside Syria to support activities such as escape attempts, attack logistics, and fighter sustenance.

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"Bitcoin is not a threat to the US dollar. What is really threatening the US dollar is the current actions of the Biden administration."
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