Israel seizes bitcoin wallets used by Hamas to fundraise – report

The Israeli security establishment has begun closing down Hamas funding via bitcoin, taking control of digital wallets used by the Gaza-ruling terror group, Channel 12 news reports.

The network says Defense Minister Benny Gantz gave permission to seize these wallets, which are operated from the Gaza Strip and have been raising funds from abroad to revive the Hamas military wing after 11-days of fighting in May against the Israel Defense Forces.

The move comes amid Israeli opposition to major reconstruction efforts in Gaza until two Israeli citizens and the bodies of two IDF soldiers killed in the 2014 war are returned.

Most Popular
If you’d like to comment, join
The Times of Israel Community.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.