Israel says Hamas, Hezbollah received millions in crypto donations to circumvent sanctions
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Hamas, Palestinian Islamic Jihad (PIJ), and Hezbollah received millions in crypto donations according to Israeli government.
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PIJ got $93 million in crypto between August 2021-June 2022 per researcher Elliptic.
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BitOK said Hamas-linked wallets received $41 million in similar period.
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Groups use crypto to avoid sanctions limiting banking access.
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Israel frozen crypto accounts to stop Hamas fundraising, seized undisclosed amount.