Israeli authorities seize Hamas-linked crypto accounts By Cointelegraph

A set of 30 crypto wallets from 12 exchange accounts that have been linked to Hamas, a militant group based in the Gaza Strip, were seized on Monday by Israeli authorities.

Israel alleged that 12 accounts custodied by crypto exchange al-Mutahadunwere were being used by Hamas leaders to fund terrorist efforts against the nation. The Times of Israel reported on Monday that Israel’s Defense Ministry said that al-Mutahadun has helped Hamas’ military wing “by transferring funds amounting to tens of millions of dollars a year.”