A Pakistani-American woman has confessed to using Bitcoin to launder dirty money to help finance terrorist organization ISIS, CNBC reports. Zoobia Shahnaz, a 27-year-old Long Island, New York resident, made the confession yesterday in front of New York state federal courts. Shahnaz is yet to be sentenced, but faces up to 20 years in prison. Her criminal activities date back to March 2017 when she began scamming Chase Bank, TD Bank, American Express, and Discover to commit credit card and loan fraud to raise funds – that were later used to buy Bitcoin and other cryptocurrencies. According to the report,…
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