Israeli officials have moved to seize potentially millions of dollars in cryptocurrency from addresses it says are controlled by Hamas.
“A number of them are deposit addresses at exchanges, while others belong to brokers,” Elliptic co-founder Tom Robinson told CoinDesk.
The blockchain-sleuthing firm said the seizure order indicates “that Hamas is now using a range of crypto assets,” an evolution of the terror group’s previous reliance on bitcoin alone.
Defense Minister Benny Gantz greenlit the seizure order on June 30 “having been convinced” that the wallets were linked to the terror group or used to “perpetrate a severe terror crime,” according to the seizure order.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.