Hamas Reportedly Obtaining Funding Using Crypto

October 18, 2023 10:20:00

Iran has played a substantial role as a major financial supporter of Hamas, offering crucial resources for its terrorist activities. However, international investigators, including those in the United States, have uncovered an alternative revenue stream used by Hamas: distant online contributors that provide support through crypto.

Even before the recent surprise attack by Hamas on Israel, the U.S. Department of Justice (DOJ) had been actively pursuing a criminal inquiry into the militant group’s alleged use of crypto and money-laundering activities. While the details of the investigation remain sealed, the information that has been made…

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