TechFlow news, according to Israeli local media Calcalist, Israeli police have frozen cryptocurrency accounts linked to the Palestinian militant group Hamas.
Hamas launched a series of multi-pronged attacks on Israel over the weekend, escalating into full-scale war, prompting Israel's Defense Minister to order a complete blockade of the Palestinian Gaza Strip.
The report stated that the cyber unit of Israel's Lahav 433 police division has collaborated with the Ministry of Defense, intelligence agencies, and cryptocurrency exchange Binance to target these accounts. It was also reported that any seized funds would be transferred to the Israeli treasury.
The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance CEO Changpeng Zhao in March, alleging that the company’s executives were aware of "Hamas-related transactions" on its platform. Israeli authorities had previously seized approximately 190 Binance accounts linked to terrorist organizations since 2021.
