United

Bitcoin

MN Coin

<img width="800" height="533" src="https://cdn.thebittimes.com/images/2023/10/26/7b8e3a5dc488d36af3ef161ebcec75e5.webp" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="1" srcset="https://cdn.thebittimes.com/images/2023/10/26/7b8e3a5dc488d36af3ef161ebcec75e5.webp 800w, https://cdn.thebittimes.com/images/2023/10/26/7b8e3a5dc488d36af3ef161ebcec75e5.webp 450w, https://cdn.thebittimes.com/images/2023/10/26/7b8e3a5dc488d36af3ef161ebcec75e5.webp 750w, https://cdn.thebittimes.com/images/2023/10/26/7b8e3a5dc488d36af3ef161ebcec75e5.webp 768w" sizes="(max-width: 800px) 100vw, 800px">
<div class="flex-1 overflow-hidden">
 <div class="react-scroll-to-bottom--css-fxrsw-79elbk h-full dark:bg-gray-800">
  <div class="react-scroll-to-bottom--css-fxrsw-1n7m0yu">
   <div class="flex flex-col text-sm dark:bg-gray-800">
    <div class="group final-completion w-full text-token-text-primary border-b border-black/10 gizmo:border-0 dark:border-gray-900/50 gizmo:dark:border-0 bg-gray-50 gizmo:bg-transparent dark:bg-[#444654] gizmo:dark:bg-transparent sm:AIPRM__conversation__response" data-testid="conversation-turn-3">
     <div class="p-4 justify-center text-base md:gap-6 md:py-6 m-auto">
      <div class="flex flex-1 gap-4 text-base mx-auto md:gap-6 gizmo:gap-3 gizmo:md:px-5 gizmo:lg:px-1 gizmo:xl:px-5 md:max-w-2xl lg:max-w-[38rem] gizmo:md:max-w-3xl gizmo:lg:max-w-[40rem] gizmo:xl:max-w-[48rem] xl:max-w-3xl }">
       <div class="relative flex w-[calc(100%-50px)] flex-col gizmo:w-full lg:w-[calc(100%-115px)] agent-turn">
        <div class="flex-col gap-1 md:gap-3">
         <div class="flex flex-grow flex-col gap-3 max-w-full">
          <div class="min-h-[20px] flex flex-col items-start gap-3 whitespace-pre-wrap break-words overflow-x-auto">
           <div class="markdown prose w-full break-words dark:prose-invert dark AIPRM__conversation__response">
            <p>In the realm of crafting content, three key elements stand out: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of text, while burstiness examines the diversity of sentence structures. Predictability, on the other hand, measures the likelihood of predicting the next sentence. Human-generated content tends to embrace burstiness, incorporating a mix of longer, complex sentences and shorter ones. In contrast, AI-generated sentences often exhibit a more uniform structure. For the content you’re about to create, I’m seeking a balance of perplexity and burstiness with a deliberate reduction in predictability. Additionally, please confine the text to English.</p>
            <p>Now, let’s reframe the provided text:</p>
            <p>The U.S. Treasury has identified certain terrorist groups, such as Hamas, ISIS, and an al-Qaeda affiliate, utilizing the services of Buy Cash Money and Money Transfer Company for fund transfers.</p>
            <p>The Office of Foreign Assets Control (OFAC) within the United States Department of the Treasury has imposed sanctions on a <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency <a rel="noopener noreferrer nofollow" title="operator" href="https://thebittimes.com/tag/operator.html">operator</a> <a rel="noopener noreferrer nofollow" title="alleged" href="https://thebittimes.com/tag/alleged.html">alleged</a>ly linked to the Palestinian militant group, Hamas. In an announcement on October 18, OFAC <a rel="noopener noreferrer nofollow" title="sanctioned" href="https://thebittimes.com/tag/sanctioned.html">sanctioned</a> Hamas operatives and financial facilitators following their attack on Israel. Notably, a “Gaza-based virtual currency exchange and its <a rel="noopener noreferrer nofollow" title="operator" href="https://thebittimes.com/tag/operator.html">operator</a>” with a Bitcoin wallet address were added to OFAC’s list of specially designated nationals. The Treasury Department aimed these sanctions at cutting off Hamas’s revenue sources after an attack on October 7 resulted in the loss of many lives among Israelis. The digital currency exchange, named Buy Cash Money and Money Transfer Company, is operated by Khan Yunis, a resident of Gaza, with the Treasury asserting connections to Hamas for both the firm and Yunis. Ahmed M.M. Alaqad, the business owner, was also included in the sanctions.</p>
            <p>Treasury Secretary Janet Yellen affirmed, “We will continue to take all steps necessary to deny Hamas terrorists the ability to raise and use funds to carry out atrocities and terrorize the people of Israel. That includes imposing sanctions and collaborating with allies and partners to track, freeze, and seize any Hamas-related assets in their jurisdictions.”</p>
            <p>On October 18, blockchain analytics firm Elliptic reported that several terrorist groups, including Hamas, an al-Qaeda affiliate, and ISIS, had utilized the money transfer company, resulting in more than $25 million in BTC and Tether passing through the firm since 2015.</p>
            <p>The U.S. Treasury frequently deploys sanctions to undermine financial support for entities accused of involvement in terrorism or other illicit activities. On October 3, the Treasury announced sanctions against <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> wallets associated with China-based chemical manufacturers, in parallel with a Justice Department indictment over the production of the drug fentanyl.</p>
           </div>
          </div>
         </div>
        </div>
       </div>
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post An alleged Hamas ally, a crypto operator headquartered in Gaza is sanctioned by the US Treasury appeared first on BitcoinWorld.</p>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/an-alleged-hamas-ally-a-crypto-operator-headquartered-in-gaza-is-sanctioned-by-the-us-treasury-tbt67929.html">https://thebittimes.com/an-alleged-hamas-ally-a-crypto-operator-headquartered-in-gaza-is-sanctioned-by-the-us-treasury-tbt67929.html</a></p>

An alleged Hamas ally, a crypto operator headquartered in Gaza is sanctioned by the US Treasury

TheBitTimes

Other articles published on Oct 26, 2023

Major Bitcoin mining manufacturer announces new miners to begin shipping in January

XRP Lawyer John Deaton Highlights Ripple’s Remarkable Growth Amidst Prolonged Lawsuit Against SEC

What to Expect for Ripple After the Recent Rise in Bitcoin?

The Hong Kong Securities and Futures Commission changes crypto rules, citing market developments.

STIX has raised $2.7M to transform the Digital Asset Secondary Markets (26 Oct)

UK legislation on confiscating illegal crypto assets officially receives Royal Assent

Join our free newsletter for daily crypto updates!