How Hamas Lost its Crypto In An Israeli Operation, Binance Supports Security ...
Israeli law enforcement launched an operation targeting crypto addresses associated with the terrorist group Hamas. The country suffered an attack this past Sunday, leading to deaths and many civilians disappearing. Related Reading: Binance Faces Scrutiny Over Alleged ICO Missteps And Token Distribution Discrepancies Binance And Israel Work Together To Freeze Crypto A local news media Calculist report confirmed an operation led by the Israeli Police Department and the National Counterterrorism Headquarters, part of the Ministry of Defense. The operation was supported by the world’s largest....
Related News
Hamas' efforts to raise funds via crypto had reportedly accelerated following the 11-day war between Israel and the organization in May of this year. Israeli defense minister Benny Ganz has signed an order authorizing security forces to seize cryptocurrency accounts believed to be tied to the militant wing of Hamas, the de facto ruling authority of the Gaza Strip in Palestine. Ganz has said that a joint security operation between the Ministry of Defense's National Bureau for Counter Terror Financing and the security forces had “uncovered a web of electronic wallets” thought to be tied to....
The Israeli government has confiscated 30 crypto wallets from a small exchange based in Gaza, where the Hamas terrorist group has bolstered its military. A set of 30 crypto wallets from 12 exchange accounts that have been linked to the terrorist group Hamas based in the Gaza Strip were seized on Monday by Israeli authorities.Crypto exchange al-Mutahadun held the wallets where 12 accounts were allegedly being used by Hamas leaders to fund terrorist efforts against Israel. The Times of Israel reported that Israel’s Defense Ministry said on Feb. 28 that al-Mutahadun has helped Hamas’s....
The Inside Bitcoins conference in Tel Aviv has been postponed due to logistical problems resulting from the ongoing military action in the Gaza Strip between the Israeli military and Hamas. The postponement stems from the cancelation of international flights to Israel in response to rocket attacks launched against Ben Gurion International Airport in Tel Aviv. Due to the international profile of many of the conference's speakers and attendees, the conference is being moved forward to an as-yet-undisclosed date. CoinDesk spoke with Alan Meckler, chairman and CEO of Mediabistro Inc, which....
Following the events in Israel, mainstream media has pointed out the alleged connection between Bitcoin and crypto with Hamas. The terrorist group has been using digital assets to raise money globally, but the situation is complex and sheds light on the indirect use cases of cryptocurrencies. Related Reading: The Israel-Hamas Conflict And The Resilience Of […]
In the middle of escalating tensions between Israel and Hamas, over 100 legislators, led by Senators Elizabeth Warren and Roger Marshall and Representative Sean Casten, have issued a bipartisan note urging the Biden administration to address alleged close relations between crypto and terrorism. The lawmakers express alarm over reported evidence suggesting that Hamas successfully evaded US sanctions, acquiring millions of dollars through crypto assets. They are now pressing the administration to clarify its strategy for tackling this critical national security threat. Lawmakers Sound Alarm....