‘Millions’ in ISIS cash destroyed in U.S. airstrike – Al Arabiya News

A U.S.-led coalition air strike has destroyed a cash storage facility used by ISIS militants in the Iraqi city of Mosul, a U.S. defense official said Monday.Two 2,000-pound bombs struck the facility, destroying “millions” of dollars worth of cash, the official told Agence France-Presse, speaking on condition of anonymity.”We estimate in the millions of dollars… from all their illicit stuff: oil, looting, extortion,” the official said. The strike came early Monday.

Source: ‘Millions’ in ISIS cash destroyed in U.S. airstrike – Al Arabiya News

Hard to run a cash based economy without any cash.

3 thoughts on “‘Millions’ in ISIS cash destroyed in U.S. airstrike – Al Arabiya News”

  1. “Hard to run a cash based economy without any cash.”
    Siege Currency, that is, ISISs own currency could be created, other than that, there is always barter and right of requisition, that is, ISIS fighters being empowered to simply take what they require and everyone else trading.
    http://www.nytimes.com/1998/09/06/world/as-ruble-withers-russians-survive-on-barter.html?pagewanted=all

    To be honest this looks like an honest to gods war crime, not that I have a problem with that, but if you are going to hit civillian targets, cash stockpiles make pretty poor choices.

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