Security agencies have busted an ever-growing ecosystem of "mule accounts" in Jammu and Kashmir that serves as the financial backbone of global scam networks, with officials fearing that the funds routed through these accounts could be used for separatist and anti-national activities.
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The officials said more than 8,000 mule accounts operating in the region have been identified and frozen over a period of three years, exposing a sophisticated network of money laundering.
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They described these accounts as the "weakest yet most crucial link" in the cybercrime chain, as without them, the conversion of stolen money into untraceable cryptocurrency would be impossible.
