Prosecutors say Long Island woman tried to use bitcoin to aid Islamic State

(Reuters) - A suburban New York hospital technician accused of using bitcoin and other cryptocurrencies to launder money meant for the militant group Islamic State was arrested on charges of money laundering in support of a foreign terrorist organization and bank fraud, prosecutors said Thursday. Federal prosecutors in New York’s Suffolk County claimed in court papers that Zoobia Shahnaz, 27, used fraudulent credit cards and loans to accumulate $85,000, which she attempted to transfer to the ...