Israeli authorities have frozen Hamas-linked crypto accounts: report

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By BitcoinWiki News

Key Takeaways:

  • Israeli authorities freeze cryptocurrency accounts used by Hamas for fundraising
  • Joint effort by cybercrime and counterterrorism units from Israeli police and Defence Ministry
  • Israel’s Lahav 433 police cyber unit announces assistance from Binance in shutting down accounts
  • Hamas has been using cryptocurrency accounts to raise donations on social media platforms
  • Israeli authorities have previously seized Hamas-linked cryptocurrency accounts
  • 190 Binance accounts linked to Hamas and Isis seized since 2021
  • Information provided for informational purposes only

Israeli authorities have frozen cryptocurrency accounts linked to Hamas, as part of a joint effort by cybercrime and counterterrorism units. The accounts were used by Hamas for fundraising efforts, and Israeli police and the Defence Ministry worked together to locate and freeze them. Binance, a crypto exchange, assisted in shutting down the accounts. Hamas had been using cryptocurrency accounts to raise donations on social media platforms, but this is not the first time Israeli authorities have seized Hamas-linked cryptocurrency accounts. Since 2021, they have seized 190 Binance accounts linked to Hamas and Isis.

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