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Millions of cryptocurrency were raised by Hamas militants behind the Israel attack

  • 👤 David Hunter
  • 👁 667
  • ⏰ Published: 2023-11-16 Time: 12:04:02
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    Updated Oct. 10, 2023 3:34 pm ET

    Israeli police released footage that showed what it said were border forces evacuating wounded soldiers after a gunbattle with Palestinian militants near the Gaza border on Saturday. Photo: Israel Police

    Hamas’s lightning strike on Israel last weekend has raised the question how the group financed the surprise operation. One answer: cryptocurrency.

    During the year leading up to the attacks, three militant groups—Hamas, Palestinian Islamic Jihad and their Lebanese ally Hezbollah—received large amounts of funds through crypto, according to a review of Israeli government seizure orders and blockchain analytics reports. 

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