Hamas Allegedly Used This Altcoin Network, Israel Started Sanctions!

According to Reuters news, Tron (TRX) network has become the cryptocurrency transfer network of choice for groups designated as terrorist organizations in Israel, the United States and other countries.

Reuters, which interviewed seven financial crime experts and blockchain research experts, found that Tron BitcoinHe stated that he left behind.

at this point Experts said Tron is faster and cheaper than its major rival, Bitcoin, and has surpassed its rival BTC as a platform for crypto transfers associated with groups designated as terrorist organizations by Israel, the United States and other countries.

Mriganka Pattnaik, CEO of New York-based blockchain analysis firm Merkle Science, stated that terrorist organizations are increasingly choosing Tron over Bitcoin and said:

“The recent transition from BTC to Tron has been remarkable. We attribute this change to Tron’s faster transaction times, lower fees, and increased stability. “

Finally, the Reuters news stated that the Israeli National Bureau of Counterterrorism Financing (NBCTF), which is responsible for terrorist-related cryptocurrency seizures, froze 143 Tron wallets between July 2021 and October 2023.

It was stated that at this point, it was determined that the frozen wallets were linked to an organization “designated as a terrorist organization” or were used for a “serious terrorist crime”.

The news stated that Israel detected 87 Tron wallets linked to terrorism in 2023, and pointed out that 56 wallets were linked to Hamas.

46 of these 56 wallets belong to Dubai Co. He was found to be linked to a Gaza-based money exchange company called For Exchange.

Finally, as it is known, Reuters has been the world’s largest cryptocurrency exchange many times before. Binance He made negative news about. At this point, the latest Tron news comes to mind: “Is Tron next after Binance? brought the question.

*This is not investment advice.