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HomeWorldAfter Crypto, Israel seizes Barclays account linked to Hamas funding

After Crypto, Israel seizes Barclays account linked to Hamas funding

An account on the British financial institution Barclays linked to fundraising for the Palestinian militant group Hamas has been frozen, in keeping with Israeli police.

One of the crucial vital escalations within the Israel-Palestinian battle lately occurred on Saturday when Hamas launched a shock strike from Gaza into Israel.

In an announcement launched on Tuesday, the Israeli police revealed that the British police helped to freeze a Barclays checking account related to Hamas.

Hamas launched details about the checking account “for the purpose of depositing donation funds,” in keeping with the assertion.

A consultant for Barclays declined to touch upon the account’s freeze or attest to the veracity of the knowledge within the police assertion.

Israel has additionally frozen cryptocurrency accounts used to solicit donations for Hamas, the assertion stated.

Israel acted rapidly in response to experiences that Hamas had began a fundraising marketing campaign on social media asking folks to deposit bitcoins into their accounts as quickly as violence broke out. With the help of the Binance cryptocurrency alternate, the Israeli Police Cyber Unit and the Ministry of Protection found and frozen these cryptocurrency accounts with the intention of diverting the property to the state coffers.

The precise numbers of frozen accounts and the greenback quantity of bitcoins confiscated are nonetheless unknown.

(With inputs from companies)



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