Counter Intelligence Kashmir (CIK) conducted coordinated raids at 22 locations across the Kashmir Valley, targeting a network of mule bank accounts allegedly used for cyber fraud and terror financing. The operation, which involved searches in Srinagar, Budgam, Shopian, and Kulgam, aims to dismantle the financial infrastructure of syndicates siphoning funds from illegal online betting, gaming, and various digital scams. Investigators are examining how these accounts, often opened in the names of unsuspecting individuals, were used to launder illicit money and potentially fund terror networks.