ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Idaho ISIS suspect’s arrest highlights how 'crypto is increasingly popular' with extremist groups, expert says

The 18-year-old who allegedly plotted to attack churches in Idaho on behalf of ISIS wanted to donate money to the group through cryptocurrency, the FBI says.

The FBI’s arrest of an 18-year-old in Idaho who allegedly was planning to attack churches in Coeur d’Alene this past weekend on behalf of ISIS highlights how crypto is becoming "increasingly popular with all extremist groups," a terrorism expert tells FOX Business. 

Alexander Mercurio, prior to his arrest over the weekend in the northern Idaho resort city, had told a confidential source that "he was communicating with an individual online through whom he will donate money via cryptocurrency to the State (ISIS)," an FBI investigator had written in a criminal complaint released by the Justice Department.  

The complaint cited Mercurio as saying he had $8,000 in his savings account and $3,000 in his checking account.  

"Crypto is increasingly popular with all extremist groups... and definitely so with ISIS supporters," Lorenzo Vidino, the director of the Program on Extremism at George Washington University, told FOX Business.  

WYOMING CRYPTO BANK NOT BACKING DOWN IN FIGHT TO ACCESS FEDERAL RESERVE 

"I think over the last few years we have seen a steady stream of cases involving very young and often confused men (in many cases converts, that flirted with various extremist ideologies online only to eventually settle on ISIS' and plan attacks on their behalf)," Vidino added. "It is largely an online phenomenon, quite well monitored by the FBI." 

Vidino also said that religious sites "have increasingly been targets of Americans inspired by ISIS." 

Mercurio is now facing a federal charge of attempting to provide material support or resources to a designated foreign terrorist organization after the FBI says he devised a plan to "incapacitate his father, restrain him using handcuffs, and steal his firearms to use for maximum casualties" in an attack he had been planning to carry out in Coeur d’Alene on Sunday, April 7.  

"The defendant allegedly pledged loyalty to ISIS and sought to attack people attending churches in Idaho, a truly horrific plan which was detected and thwarted by the FBI’s Joint Terrorism Task Force," FBI Director Christopher Wray said in a statement.  

FTX FOUNDER SAM BANKMAN-FRIED SAYS HE IS REMORSEFUL, ‘HAUNTED’ IN POST-SENTENCING INTERVIEW 

In a criminal complaint, the FBI said Mercurio’s "attack plan involved using flame-covered weapons, explosives, knives, a machete, a pipe and ultimately firearms" and "grew more precise as he eventually identified the specific church and date on which he planned to attack." 

The FBI investigator also said Mercurio "made a ba’yah statement, pledging his allegiance to ISIS and stating his intention to die while killing others on behalf of ISIS."  

However, on Saturday afternoon, FBI agents carried out a search warrant at Mercurio’s house and took him into custody while allegedly finding items linked to the plot, including a "metal pipe," "a black Smith and Wesson fixed blade knife" and a "machete," according to the complaint.  

CLICK HERE TO READ MORE ON FOX BUSINESS        

Mercurio now faces up to 20 years in federal prison if convicted on the federal charge. 

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.