Overview

• The SIA executed coordinated search operations on July 11 in Jammu, Doda and Handwara to target nodes of a cryptocurrency-funded terror network.
• Raids were carried out under FIR No.12/2022 using Sections 18, 38 and 39 of the UAPA and Sections 120B, 121 and 121A of the IPC.
• Investigators seized vital electronic devices and documents deemed critical to unravelling cross-border financing channels.
• Officials said the evidence could lead to Pakistan-linked handlers accused of channelling blockchain-based funds to militant groups.
• The inquiry also seeks to identify individuals accused of using encrypted platforms to radicalize young recruits.