Authorities in Israel have seized 190 Binance accounts linked to Islamist terrorist groups since 2021, Reuters said on May 4.
Reuters reported that two of those accounts were linked to Islamic State (ISIS) and that nearly all of the other accounts were owned by three companies linked to Hamas.
Reuters was unable to determine the total amount of cryptocurrency seized on those 190 accounts. However, it noted that Israel’s National Bureau for Counter Terror Financing (NBCTF) disclosed in April that it had seized cryptocurrency worth more than $137,000 from 80 Binance accounts belonging to the same three companies.
The NBCTF said those accounts belonged to “terrorist organizations.” However, a representative of one of the companies – Al Mutahadun For Exchange – said that the company does not use cryptocurrency and only works with fiat money.
Other reports from December suggest Israel seized at least $33,500 and $750,000 worth of cryptocurrency from Hamas-linked crypto wallets on other occasions.
Incidentally, US CFTC indictments from March suggest that Binance executives knowingly discussed and authorized transactions related to Hamas.
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