TagMillions in Digital Currency

Israeli Government Freezes Cryptocurrency Accounts Suspected of Hamas Connections

In efforts to disrupt Hamas’s financial support, Israeli officials have taken decisive actions by confiscating a significant sum of cryptocurrency. Over 100 accounts on Binance, a global cryptocurrency exchange, were closed following the intensification of Hamas’s operations on October 7. Furthermore, investigations are underway into an additional 200 accounts. Tom Alexandrovich of the Israel National Cyber Directorate highlighted the increasing use of cryptocurrencies in financing terrorism. Additionally, since the beginning of the conflict, there has been a notable rise in...