Hamas

FinCEN Is Analyzing $165M in Transactions That May Tie Crypto and Hamas, Senior Official Says

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FinCEN Is Analyzing $165M in Transactions That May Tie Crypto and Hamas, Senior Official Says

[ad_1] “These updates could clarify, and potentially expand, coverage of new entities in the virtual asset ecosystem that may be operating in areas of actual or perceived ambiguity with respect to their [Bank Secrecy Act] obligations,” he wrote. “A final proposal would explicitly provide Treasury’s Office of Foreign Assets Control the authority to deploy secondary … Read more

U.S. Treasury Debunks Narrative That Hamas Relied on Crypto to Fund Terrorism

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U.S. Treasury Debunks Narrative That Hamas Relied on Crypto to Fund Terrorism

[ad_1] While the Wall Street Journal in October had tied tens of millions of dollars in crypto payments to Hamas, Palestinian Islamic Jihad and others, citing a blog post by analytics firm Elliptic that was later edited, the account represented a misunderstanding of what assets actually fell into the hands of terrorists. [ad_2] Source link

Binance Sued by Families of Hamas Victims, Hostages

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Binance Sued by Families of Hamas Victims, Hostages

[ad_1] The plaintiffs, who are also suing Iran and Syria, accuse the crypto exchange of facilitating the financing of Hamas, which is listed as a terror group by the U.S., U.K. and other jurisdictions, and other terrorist organizations between 2017 and 2023, “providing a clandestine financing tool that Binance deliberately hid from U.S. regulators.” [ad_2] … Read more