“Hamas’s lightning strike on Israel final weekend has raised the query how the group financed the shock operation. One reply: cryptocurrency,” the Wall Road Journal reviews.
“In the course of the 12 months main as much as the assaults, three militant teams—Hamas, Palestinian Islamic Jihad and their Lebanese ally Hezbollah—obtained giant quantities of funds via crypto, in line with a overview of Israeli authorities seizure orders and blockchain analytics reviews.”
“Digital-currency wallets that Israeli authorities linked to the PIJ obtained as a lot as $93 million in crypto between August 2021 and June this 12 months… Wallets related to Hamas obtained about $41 million over an identical time interval.”
