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Israeli Law Enforcement and Binance Collaborate to Freeze Crypto Funds Linked to Hamas

  1. Home
  2. Bobs-News World Asia
  3. Israeli Law Enforcement and Binance Collaborate to Freeze Crypto Funds Linked to Hamas
asia 712 crypto neutral
  • bob
  • 2023-10-11
  • Asia
  • Cryptocurrency Exchanges
  • Financial Scams and Security
  • Government Policies and Cryptocurrency Adoption
Israeli law enforcement, in collaboration with Binance, the world’s largest cryptocurrency exchange, has launched an operation to freeze crypto addresses associated with the terrorist group Hamas. The operation was led by the Israeli Police Department and the National Counterterrorism Headquarters, with support from Binance. The investigation revealed that Hamas had raised funds through crypto donations following a recent attack in Israel. The terrorist group used social media platforms to launch a fundraising campaign, taking advantage of the attention from the attack. Binance has been aware of Hamas’s operation on its platform and has cooperated with Israeli law enforcement in freezing almost 200 accounts connected to Hamas and other terrorist groups. The conflict between Israel and Hamas has escalated, and Israel is prepared to increase its offensive on the Gaza Strip. The cooperation between Binance and local enforcement is expected to continue as Israel fights Hamas across all sectors, including the cryptocurrency industry.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Asia
Countries 🇮🇱
Sentiment neutral
Relevance Score 0
People None
Companies Israeli Police Department, Ministry of Defense, Binance, National Counterterrorism Headquarters
Currencies Bitcoin, BNB
Securities None

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