Research: Palestinian Islamic Jihad-linked crypto wallets received ~$93M from August 2021 to June 2023; Hamas-linked ones received ~$41M over a similar period
whether those funds are in the form of fiat currency, gold, crypto or whatever. 1/3 @billhughesdc : “Hamas stopped publishing its donation addresses to protect donors' anonymity after Israeli and U.S. investigators tracked the transactions on the blockchain—the public ledgers that collate data on all digital currency transactions.” https://www.wsj.com/... @iampaulgrewal : That's also why we need to sensible crypto legislation passed here in the United States without further delay. We need this industry flourishing in nations committed to the rule of law, not driven to places where human rights and public safety mean much less. 3/3 Stephen Diehl / @smdiehl : Have to keep stressing this point, crypto proliferation is directly at odds with the foreign policy interests of the United States. We should ban it. https://www.wsj.com/... Balaji / @balajis : Oh, you're saying they raised “millions”? I doubt that's true. But we know Biden gave Iran billions. And last I checked, one billion is 1000X a million. So let's deal with the 1000X issue first, and end DC's fiat funding of terrorism. https://www.wsj.com/... @twobitidiot : To the extent small amounts of crypto were used by Hamas or Iran, the facts will show that most of these txns were powered by offshore exchanges already under investigation by DoJ. Punitive U.S. crypto policy will only hurt good actors here and push even more activity offshore. Congressman Brad Sherman / @bradsherman : (1/2) #Crypto is not the future of charitable giving in response to terrorist attacks, crypto is the future of terror financing. “Hamas Militants Behind Israel Attack Raised Millions in Crypto” - @WSJ ⬇️ https://www.wsj.com/... Austin Campbell / @campbelljaustin : Blockchains are more transparent, thus we can more easily see transactions and amounts. Let me ask the next question: how much did Hamas take in through the traditional system? Perhaps crypto is being punished for being a better system for detecting bad activity? Matthew C. Klein / @m_c_klein : Permissionless payments in action https://www.wsj.com/... Eleanor Terrett / @eleanorterrett : Well, this report will do nothing to help crypto's cause in Washington DC and will almost certainly be used by @SenWarren to onboard members of Congress to her anti-crypto crusade. Hamas Militants Behind Israel Attack Raised Millions in Crypto https://www.wsj.com/... Jason Brodsky / @jasonmbrodsky : Reading this WSJ piece about how #Hamas, PIJ, and #Hezbollah may have received financing through cryptocurrency for the attack on #Israel, it's worth noting Binance processed #Iran transactions with a value of $8 billion since 2018. https://www.wsj.com/... LinkedIn: Sue Ghosh Stricklett : The terror attacks on Israel was funded through recent multimillion dollar crypto currency deposits into accounts of Hamas, Hezbollah … Matthew Price : Elliptic's analysis shows the continual evolution of tactics in the use of crypto by militant groups. … Angus Berwick : Story today with Ian Talley on Hamas's financing: — Hamas's lightning strike on Israel last weekend has raised the question how the group financed the surprise operation. … John Willkie : This is a feature, not a bug, i “decentralized finance” (DeFi). Aiding and abetting terrorism. — https://lnkd.in/gYnh4Eqp Pawel Kuskowski : There are always critical optics on crypto in such situations- here as well. But frankly Hamas raised 100s millions in FIAT - even with sanctions jn place. … Jose Hoyos : The FIRST CRYPTO funded war...Digital-currency wallets that Israeli authorities linked to the PIJ received as much as $93 million … Forums: r/ethtrader : Wallstreet Journal Blames Cryptocurrency for Israel-Palestine Tension as Militants Raised Funds Through Crypto - Finding Another Reason to Ban? r/CryptoCurrency : Hamas Militants Behind Israel Attack Raised Millions in Crypto r/Buttcoin : Militants Behind Israel Attack Raised Millions in Crypto