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SIA raids three locations in terror-funding case involving cryptocurrency

KI News by KI News
July 12, 2025
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Srinagar: Police’s State Investigation Agency (SIA) on Friday raided three places in the Union Territory in connection with a terror funding case involving the use of cryptocurrency.

Three suspected locations in Jammu, Doda and Handwara were searched, a police spokesperson said.

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He said the searches were aimed at collecting critical evidence to unravel a conspiracy involving cross-border funding through cryptocurrency for fuelling terrorism and destabilising peace in Jammu and Kashmir.

“The search operations were also aimed at identifying individuals inciting youth against the Union of India, thereby threatening national security,” the spokesperson said.

The raids were part of an ongoing investigation under FIR No 12/2022, registered under various sections of the Unlawful Activities (Prevention) Act, and the Indian Penal Code.

“The search operations yielded vital evidence, marking a breakthrough in exposing the clandestine financial networks that keep the pot of terrorism boiling in Jammu and Kashmir,” the spokesperson said.

The recovered articles and electronic devices are expected to aid the SIA Kashmir in identifying and apprehending co-conspirators and accomplices orchestrating these anti-national activities, he added.

The spokesperson said the SIA remains determined in its commitment to rooting out terrorism and its support systems.

“These search operations reflect the SIA’s unwavering determination to safeguard the sovereignty and integrity of the nation while ensuring the safety and security of the people of Jammu and Kashmir,” he said.

 

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