简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Wall Street Journal, it has been found that three pro-Palestine terrorist groups have successfully raised over $134 million through cryptocurrency to fund their operations.
In a recent revelation by the Wall Street Journal, it has been found that three pro-Palestine terrorist groups have successfully raised over $134 million through cryptocurrency to fund their operations. This startling discovery came after an in-depth review of Israeli court documents and thorough blockchain analyses.
Among the implicated organizations is Hamas, which has lately been in the limelight following its unexpected attacks on Israel over the past weekend. Although it is currently ambiguous whether the cryptocurrency funds received by Hamas were directly used for these attacks, it is confirmed that at least $41 million in cryptocurrency had been utilized for their operations at some juncture.
Adding to the list, the documents also unveiled that the Palestinian Islamic Jihad has received a staggering $93 million in cryptocurrency. Moreover, the Lebanese ally Hezbollah hasn't remained untouched by this trend. They have also been involved in the receipt of cryptocurrency, specifically in the form of Bitcoin, and have been actively trading on the Binance crypto exchange.
Surprisingly, these groups have been quite open about their fundraising efforts. They have consistently appealed for donations through the social media platform, Telegraph. Acknowledging the generosity of their supporters, they have also expressed gratitude for the massive cryptocurrency contributions.
But what makes this modus operandi even more alarming is the evolving tactics to remain undetected. As international banks started grasping the extent of these transactions, these groups ingeniously adopted payment processing methods that convert monetary contributions into crypto addresses. This strategy effectively camouflages the crypto wallets, allowing these organizations to effortlessly bypass the international banking system.
Addressing the issue, spokespersons from the Binance crypto exchange communicated to the Wall Street Journal about their proactive collaboration with both the US and Israeli governments. Their main objective is to mitigate and eventually eliminate any illicit activities associated with their crypto exchanges.
This revelation underscores the increasing complexity of tracking funds in the digital age, especially when it concerns international security. The harnessing of cryptocurrencies by extremist groups has ushered in a new challenge for governments and financial institutions, urging them to adapt and devise stronger measures against such covert operations.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Elon Musk has issued a stark warning about the US's financial stability, suggesting that the country is heading toward bankruptcy "super-fast" unless drastic measures are taken. The billionaire's financial commentary comes amid Bitcoin's retreat from its anticipated $100,000 milestone. The cryptocurrency recently fell to just above $95,000, down from a high of $99,000.
Webull Financial, alongside Lightspeed Financial Services Group and Paulson Investment Company, LLC, has agreed to pay a collective fine of $275,000 following an investigation by the US Securities and Exchange Commission (SEC). The penalty was issued due to the firms’ failure to include essential information in suspicious activity reports (SARs) over a four-year period.
Barclays has reached a settlement with the UK’s Financial Conduct Authority (FCA), agreeing to pay a £40 million fine for failing to adequately disclose arrangements with Qatari investors during its critical fundraising efforts amidst the 2008 financial crisis.
The UK FCA imposes a £40 million fine on Barclays for failing to disclose critical information about its 2008 capital raising with Qatari entities.