LONDON : Israel has frozen cryptocurrency accounts used to solicit donations for the Palestinian militant group Hamas on social media, police said on Tuesday.Hamas launched devastating attacks from Gaza into Israel on Saturday, in one of the most serious escalations in the Israel-Palestinian conflict in y
LONDON : Israel has frozen cryptocurrency accounts used to solicit donations for the Palestinian militant group Hamas on social media, police said on Tuesday.
"According to suspicions, with the outbreak of the war, Hamas' terrorist organisation initiated a fundraising campaign on social networks, urging the public to deposit cryptocurrencies into their accounts," a police statement said. The statement did not give further details of how many accounts were frozen, nor the value of crypto seized."Over the past few days our team has been working in real time, around the clock, to support ongoing efforts to combat terror financing," a Binance spokesperson said, adding that the exchange"actively partners" with global law enforcement agencies and regulators.
Hamas had endorsed crypto as a fundraising method for years, but said in April it would stop receiving fundraising via the cryptocurrency bitcoin, citing an increase in"hostile" activity against donors.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US says Saudi-Israel ties may have motivated Hamas attackWASHINGTON: US Secretary of State Antony Blinken said part of the motivation for Hamas' latest attack on Israel may have been disrupting a potential normalising of Israel-Saudi Arabia ties and added Washington will announce new assistance for Israel on Sunday (Oct 8).
Read more »
'I hope someone can come save us': Concertgoer kidnapped by Hamas gunmen in IsraelTEL AVIV — Arik Nani went to a dance party in southern Israel to celebrate his 26th birthday on Friday night (Oct 6) but ended up fleeing a massacre as missiles roared overhead and Hamas gunmen shot down people as they tried to escape. Thousands of young people attended the Nature Party, near Kibbutz Re'im close to Gaza, which became...
Read more »
‘There were terrorists inside’: How Hamas’ attack on Israel unfoldedAbout 700 Israelis were killed and at least 150 taken hostages by Palestinian militants so far. Read more at straitstimes.com.
Read more »
How Israel was duped as Hamas planned devastating assaultA careful campaign of deception ensured Israel was caught off guard when the Palestinian militant group Hamas launched its devastating attack, enabling a force using bulldozers, hang gliders and motorbikes to take on the Middle East's most powerful army. Saturday's assault, the worst breach in Israel's def
Read more »
Deaths surpass 1,100 as Israel retaliates after Hamas attacksAppeals for restraint came from around the world, though Western nations largely stood by Israel. Read more at straitstimes.com.
Read more »
EU freezes development aid to Palestinians after Hamas attack on IsraelBRUSSELS/BERLIN: The European Commission said on Monday (Oct 9) it was putting all of its development aid for Palestinians, worth €691 million (US$729 million), under review and immediately suspending all payments following Hamas' attack on Israel. Germany and Austria earlier on Monday said they were sus
Read more »