According to a press release from the Israeli police, cryptocurrency accounts related to the Palestinian militant organisation Hamas have been frozen, local media source Calcalist said on Tuesday.
Hamas’s weekend multifaceted assault on Israel has devolved into all-out war, and Israel’s defence minister has ordered a total siege of the Palestinian territory of Gaza.
The article claims that the Lahav 433 unit of the Israel Police’s cyber unit collaborated with the defence ministry, the nation’s intelligence services, and the cryptocurrency exchange Binance to target the aforementioned accounts. It also stated that any seized money would go to the Israeli national treasury.
The U.S. Commodities Futures and Trading Commission (CFTC) sued Binance CEO Changpeng “CZ” Zhao in March, alleging knowledge of “HAMAS transactions” on the platform by company officers. Since 2021, around 190 Binance accounts with alleged ties to terrorist organisations have been seized by Israeli authorities.