spot_img

Businessman Arrested Over Suspected Crypto-Funded Terror Network

Date:

MARSABIT, Kenya — A businessman was arrested in Marsabit Town on allegations of financing terrorism through a cryptocurrency network, triggering tensions between family members and police officers.

The Anti-Terrorism Police Unit (ATPU) said investigators had gathered substantial evidence linking Abdisalam Hassan to suspected terror-related financial transactions conducted via digital currency platforms.

Officers did not disclose further details, citing the sensitivity of the ongoing probe.

Family members immediately dismissed the accusations as baseless and demanded Hassan’s unconditional release. A brief standoff erupted outside the Marsabit Police Station as relatives and supporters confronted officers over the arrest.

Police responded by quietly transferring the suspect to Nairobi, saying the move was necessary for both security and operational reasons.

Authorities added that Hassan will be arraigned on Tuesday alongside a Nairobi-based lawyer who was separately arrested in Mombasa in connection with similar terrorism-financing allegations.

Security officials say the arrests form part of a broader effort to curb the use of digital currencies in illicit financial flows, a trend they warn has complicated traditional tracking methods.

Despite rising scrutiny from regulators and law enforcement, Kenya’s cryptocurrency market continues to expand, prompting calls for tighter oversight to prevent abuse.

Police have urged the public to remain calm as investigations proceed. Further details are expected to emerge during Tuesday’s court appearance.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Trending

More like this
Related

IShowSpeed Ends “Speed Does Africa” Tour, Announces Donation Campaign to Support African Communities

Popular American streamer and YouTuber Darren “IShowSpeed” Watkins Jr....

Apple Extends iPhone 5s Life With Critical iOS 12.5.8 Update

NAIROBI, Kenya — Apple has released a rare software...

DCI Seeks Public Help to Arrest Cybercrime Suspect, Offers Reward

NAIROBI, Kenya — The Directorate of Criminal Investigations (DCI)...

EU, Kenya Launch Sh454m Cybersecurity Project to Boost Digital Resilience

NAIROBI, Kenya — The European Union and the Government...