“This illustrates the weakness of crypto as a terrorism fundraising tool. The transparency of the blockchain allows illicit funds to be traced, and in some cases linked to real-world identities. In addition, users of cryptocurrencies typically make use of centralized services such as exchanges or stablecoins. These services respond to law enforcement requests to freeze funds with links to illicit activity, or do this proactively themselves based on insights from blockchain analytics…
Over the past two weeks, politicians and journalists have portrayed public crypto fundraising as a significant source of funds for Hamas and other terrorist groups, but the data simply does not support this. No public crypto fundraising campaign by a terrorist group has received significant levels of donations, relative to other funding sources.”
https://www.elliptic.co/blog/setting-the-record-straight-on-crypto-crowdfunding-by-hamas
walker
npub1cj…wrz4u
2023-10-26 03:15:45
Author Public Key
npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4uPublished at
2023-10-26 03:15:45Event JSON
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"content": "“This illustrates the weakness of crypto as a terrorism fundraising tool. The transparency of the blockchain allows illicit funds to be traced, and in some cases linked to real-world identities. In addition, users of cryptocurrencies typically make use of centralized services such as exchanges or stablecoins. These services respond to law enforcement requests to freeze funds with links to illicit activity, or do this proactively themselves based on insights from blockchain analytics…\n\nOver the past two weeks, politicians and journalists have portrayed public crypto fundraising as a significant source of funds for Hamas and other terrorist groups, but the data simply does not support this. No public crypto fundraising campaign by a terrorist group has received significant levels of donations, relative to other funding sources.”\n\nhttps://www.elliptic.co/blog/setting-the-record-straight-on-crypto-crowdfunding-by-hamas",
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