Israeli Police Collaborate with Binance to Freeze Hamas Cryptocurrency Accounts
Tel Aviv, 11th Oct 2023: In a swift operation, the Israeli police, alongside the Blade 433 cyber unit, the National Counterterrorism Headquarters, the Israel Securities Authority, and various intelligence bodies, have successfully frozen multiple cryptocurrency accounts linked to Hamas. This action followed the militant group's surprise attack over the weekend.
Suspicions arose when Hamas, deemed a terrorist organization by the United Nations, launched a fundraising campaign on social media platforms following the outbreak of war. Encouraging the public to deposit cryptocurrencies into their accounts, Hamas aimed to amass financial support for their activities.
Recognizing the urgency, the Police Cyber Unit and Ministry of Defense swiftly mobilized to locate and freeze the identified...