ReferIndia News 8,000 Mule Accounts Frozen In J&K; Agencies Flag ‘Digital Hawala’ Network

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8,000 Mule Accounts Frozen In J&K; Agencies Flag ‘Digital Hawala’ Network

Published on: Feb. 15, 2026, 6:53 p.m. | Source: Free Press Journal

Security agencies have frozen over 8,000 mule accounts in Jammu and Kashmir in three years, uncovering a network allegedly linked to international scam syndicates and potential anti-national funding. Officials say scammers use these accounts to launder money into cryptocurrency via a “digital hawala” system, with foreign handlers and intermediaries playing key roles.

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