Crypto exchange Binance has assisted Israeli authorities in freezing crypto accounts linked to the Palestinian militant group Hamas, according to the Israel Police. Binance worked with the police’s cyber unit and other intelligence agencies to identify and freeze Hamas’ crypto accounts, which were being used for crowdfunding donations through social media campaigns. This is not the first time Binance has helped Israeli officials in such operations, as they had previously seized around 190 Binance accounts associated with terrorist groups. The cooperation between Binance and Israeli authorities comes amid increasing regulatory scrutiny faced by the exchange globally. In March, the US Commodity Futures Trading Commission sued Binance for potential criminal activity, including money laundering.
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Hamas, Israel Police, Lahav 433, Binance, National Bureau for Counter Terror Financing (NBCTF) |
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