A joint operation by the Israel Security Agency, the National Bureau for Counter Terror Financing (NBCTF) in the Ministry of Defense, and the Israel Police uncovered a network of electronic wallets used by the Hamas terrorist organization.
The signed administrative order sets a precedent and is the first time that the defense establishment touches cryptocurrency.
The defense establishment invests great effort in different fronts to identify and damage the financial infrastructure of terrorist organizations, terrorists, and actors involved in the financing of terrorism.
The Hamas terrorist organization established infrastructure to trade cryptocurrency in an attempt to evade the identification and confiscation of funds that fund its activities, including of the military wing.
The defense establishment's intense and focused activity succeeded in uncovering this method as well.
Seizure order (ASO 44/21) of the Minister Of Defense
Annex of the Seizure Order - Wallet Details
