Israeli authorities continue their efforts to crack down on individuals and companies involved in terrorist financing. in the last example They seized more than $800,000 in digital assets from the company.
followreportThe latest local states that Defense Secretary Benny Grantz has signed the seizure order totaling 2.6 million NIS (approximately $840,000) in undisclosed digital assets.
The funds are reportedly linked to the al-Mathaddon exchange owned by the Malach family, with some sources claiming the group has deep links to Hamas in the Gaza Strip.
In addition, this is also a seizure. cryptocurrencies The second is in recent months after Gantz seized 150 digital wallets belonging to al-Mathaddon.
“We will continue to monitor terrorist funds. Hamas attacks and the ability of terrorist organizations to circumvent the traditional route of money transfers via cryptocurrency. It is an important tool in the development of security systems.”
Earlier, the Israeli agency to combat terrorism financing and money laundering said that There are plans to impose new regulations on certain digital financial products, including cryptocurrencies It aims to reduce the use of crypto in criminal activities and terrorist fundraising.
refer : LINK
The post Israel reports seizure of $840K worth of cryptocurrency from Hamas-linked companies appeared first on Bitcoin Addict.