Currency Economy

Israeli defense minister authorizes seizure of Hamas-tied crypto accounts

Cryptocurrency11 minutes ago (Jul 09, 2021 07:40AM ET)Israeli defense minister authorizes seizure of Hamas-tied crypto accounts

Israeli defense minister authorizes seizure of Hamas-tied crypto accounts

Israeli defense minister Benny Ganz has signed an order authorizing security forces to seize cryptocurrency accounts believed to be tied to the militant wing of Hamas, the de facto ruling authority of the Gaza Strip in Palestine.

Ganz has said that a joint security operation between the Ministry of Defense’s National Bureau for Counter Terror Financing and the security forces had “uncovered a web of electronic wallets” thought to be tied to Hamas and its ongoing fundraising efforts using Bitcoin (BTC) and other cryptocurrencies.

Continue Reading on Coin TelegraphIsraeli defense minister authorizes seizure of Hamas-tied crypto accounts

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