New York Post
@nypost·2.4M subscribers·43.2K videos
Palestinian terrorists behind Israel attack raised more than $100M in crypto #shorts
Posted
October 12, 2023
Views
6,234
Likes
151
Comments
30
Engagement
October 12, 2023
6,234
151
30
2.90%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
1:00Now PlayingThree pro-Palestine terrorist groups — including Hamas, the organization behind the surprise attacks that killed more than 250 Israelis on Saturday — have been funding their operations with tens of millions of dollars raised through cryptocurrency. NY Post Business reporter Shannon Thaler shares this story.
Between August 2021 and June 2023, Hamas, Palestinian Islamic Jahid (PIJ), and its Lebanese ally, Hezbollah, have collectively received over $134 million in crypto, according to Israeli government seizure orders and blockchain analytics reports reviewed by The Wall Street Journal.
Hamas received some $41 million in digital currency over the nearly two-year period, The Journal reported. PIJ — whose militants from the Gaza Strip joined Hamas in storming Israel over the weekend — has received crypto funds to the tune of $93 million between August 2021 and this June, according to the outlet.
Crypto funds were seized from crypto exchange Binance in June reportedly belonging to Hezbollah, a longtime foe of Israel based in Lebanon, though it’s unclear how much digital currency the group had.
A Binance spokesperson told The Journal that the Singapore-based company “has been working in real-time, around the clock, to support ongoing efforts” to keep terrorist groups from having access to crypto.
It wasn’t immediately clear whether the funding was used to finance Hamas’ recent airstrikes and raids that have obliterated Israeli cities and left residents defenseless.
Read more at
#hamas #crypto #israel
The New York Post is your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more.
Subscribe to New York Post Sports
Catch the latest news here
Follow The New York Post on:
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
