Coin

<ul class="news-points"> 
 <li>Israeli authorities ordered Binance to close hundreds of accounts linked to Hamas.</li> 
 <li>Authorities seized crypto assets worth millions of dollars and closed several accounts.</li> 
 <li>Binance closed several accounts and said to have adhered to international sanctions.</li> 
</ul> 
Amidst the ongoing <a href="https://coinedition.com/altcoins-could-suffer-due-to-the-israel-hamas-conflict/">Israel-Palestine war</a>, Israeli authorities have closed dozens of cryptocurrency accounts and ordered <a href="https://coinedition.com/binances-kyc-policies-under-scrutiny-after-hamas-accounts-suspended/">crypto exchange Binance</a> to close hundreds more, the Financial Times reported. The Israeli authorities claim cryptocurrencies have been an effective conduit for terrorism-related funding due to their anonymity. 
Notably, Israeli law enforcement said it had seized millions of dollars in crypto assets intended as funding for the Palestinian Hamas group. Israel intensified its moves following the Hamas attack on the country. Now, the regulators want to cut off links between crypto markets and Hamas. 
According to the report, sources close to the development said Israel has already asked Binance to close over 100 accounts on its platform since October 7. The authorities have also asked for information on up to 200 additional crypto accounts suspected to have links to Hamas. 
The report mention…
The post <a rel="nofollow" href="https://coinedition.com/israeli-authorities-crack-down-on-crypto-accounts-linked-to-hamas/">Israeli Authorities Crack Down on Crypto Accounts Linked to Hamas</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Israeli Authorities Crack Down on Crypto Accounts Linked to Hamas

Coin Edition

Other articles published on Oct 17, 2023

Pennsylvania Dodges Two-Year Crypto Mining Ban Amid Union Pressures and Political Maneuvering

Korea-South exchange Singapore grants initial license approval to Upbit

Instacart Down 26% Since its IPO But Wall Street Reiterates Buy Signals

Klever (KLV) Price Prediction 2024, 2025, 2030, 2040, and 2050

Bitcoin’s Lightning Network powers innovative publisher monetization tools by Mash and TFTC

EOS EVM Gets a V6 Upgrade and USDT Bridging

Join our free newsletter for daily crypto updates!