Binance and Israeli Authorities Collaborate to Thwart Crypto Financing for Hamas
In a joint effort, Binance and Israeli authorities have successfully frozen several cryptocurrency accounts allegedly linked to Hamas, the Palestinian militant group. The move is part of a wider global trend of monitoring and regulating digital currencies to prevent their misuse for illicit activities, particularly by terrorist organizations.
Due to strict international regulations and sanctions, Hamas has increasingly turned to Bitcoin solicitation for fundraising. In response to this
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