How Hamas Lost its Crypto In An Israeli Operation, Binance Supports Security Forces
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 crypto exchange, Binance.
During the operation, the law enforcement agencies discovered funds raised by the terrorist group via crypto donations.
The investigation led the cyber unit from the Israeli Police to the crypto trading venue.
The terrorist group launched the campaign in the past few days.
The law enforcement agencies claimed that Hamas used the attention from Sunday’s attack to raise money from radicals and supporters worldwide.
The terrorist group, the report claims, turned to social media platforms to launch the campaign.
A spokesperson for the law enforcement agencies told Calculist the following regarding the events: As the war broke out, Hamas launched a fundraising campaign on social networks, asking the public to deposit crypto into its account.
The cyber unit and the NSC have been working immediately to locate and freeze the accounts, assisted by the Crypto Exchange (Binance), to freeze the funds (…