Authorities in Israel have seized 190 Binance accounts with ties to Islamic terrorist teams since 2021, Reuters mentioned on May 4.
Reuters reported that two of these accounts had been linked to Islamic State (ISIS) and that nearly all the different accounts had been owned by three corporations with ties to Hamas.
Reuters was unable to find out the entire quantity of cryptocurrency seized throughout these 190 accounts. Nevertheless, it famous that Israel’s Nationwide Bureau for Counter Terror Financing (NBCTF) disclosed in April that it had seized cryptocurrency value greater than $137,000 from 80 Binance accounts belonging to the identical three corporations.
The NBCTF mentioned that these accounts had been the property of “terrorist organizations.” Nevertheless, a consultant for one of many corporations — Al Mutahadun For Change — mentioned that the agency doesn’t use cryptocurrency and solely works with fiat cash.
Different experiences from December counsel that Israel seized at the very least $33,500 and $750,000 of cryptocurrency from Hamas-linked crypto wallets on different events.
By the way, U.S. CFTC expenses from March counsel that Binance executives knowingly mentioned and permitted transactions related to Hamas.
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