Israeli authorities joined forces with the global crypto exchange Binance to freeze multiple cryptocurrency accounts allegedly linked to Hamas. The move came in response to a series of deadly attacks carried out by Hamas against Israel on Saturday, 7 October.
Binance played a crucial role in this operation. Additionally, the exchange actively partnered with law enforcement agencies and regulators worldwide to combat terror financing. The Israel Police’s Cyber Unit, in collaboration with the Ministry of Defense, the Israel Security Agency, and other national intelligence agencies, has successfully frozen cryptocurrency accounts used by Hamas for fundraising their activities