Multiple Crypto Accounts Found Linked to Hamas and seized by Israel Authority
Israeli officials found multiple cryptos accounts that are allegedly linked with Hamas, Authority confiscated them.
The information related to funds that have been generated by these accounts has not been released yet.
Highlights
- Police and Military forces have busted the crypto use in terror funding.
- The Israel Authority allegedly linked the crypto wallet to al-Mutahadun.
- The exact amount of funds has not been disclosed yet.
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More Recently Israel Authority has identified multiple crypto accounts that were allegedly linked to the Hamas group and working for it. Authority has confiscated the accounts that were on the Red List of Authority. The Wallets that were used for illegal means were handled mainly by 12 accounts and reportedly those accounts were linked to the firm based on Crypto exchange al-Mutahadun based in the city Gaza.
Defense Minister of Israel Benny Gantz has approved the seizure of these accounts and also announced the group al-Mutahadun as a terror funding group. The family which was used to maintain the firm has also been charged with several offenses related to funding the terror groups.
The Israel-based newspaper has also read news related to the seizure which can be read as below.
“The Hamas terror groups and especially its military wing, by transferring funds amounting to tens of millions of dollars a year,” a report said in Israel.
The Hamas group was formed in 1987 and it has its military wing known as Izz al-Din Qassam Brigades which is used to conduct many anti-Israel attacks near the territory of Israel.
