Hamas Collects Bitcoin Donations for Israel War: Thousands of Dollars Arrived!

Current data revealed that Hamas collected hundreds of thousands of dollars worth of cryptocurrency donations in a short time.

Blockchain data mining platform TRM In the current report, Israel-Palestine with the start of the war to Hamas He drew attention to the increasing cryptocurrency donations. Stating that historically, crypto money donations to Hamas increased during periods when the events in Gaza intensified, the report stated that crypto money donations related to Hamas have been added to cryptocurrency wallets since last Saturday. 800 thousand dollars donation He emphasized that it was done.

According to the information provided, donations collected for Hamas GazaNow It was collected in the private wallet of many campaigns launched on Telegram and X, especially the cryptocurrency wallets created by . Especially “Al-Aqsa FloodAn X named ” accountwas among the active accounts collecting donations.

The account in question is Tether (USDT) And Bitcoin (BTC) Posts achieved high engagement rates as they shared wallet addresses for their donations. TRM described Hamas as the first terrorist organization to use cryptocurrency.

Recently, Israeli police, cryptocurrency exchange Binance by collaborating with Hamas-linked cryptocurrency addresses had frozen.

According to data provided by on-chain analysis platform Elliptic, crypto money addresses that Israeli authorities associated with the Palestinian Islamic Jihad Movement were visited between August 2021 and June 2023. $93 million There was an inflow of crypto money.

Following the major violence that broke out in Gaza in May 2021, addresses controlled by Hamas over $400,000 He collected donations.

The report included the following statements regarding Hamas’s donation history and the current course of these donations:

Hamas’ military arm, the Izz-Al Din-Al Qassam Brigades, has sought to use cryptocurrencies as an alternative fundraising method to support its military operations since at least early 2019. Hamas first tested cryptocurrency fundraising by soliciting Bitcoin donations on its Telegram channel, before moving to direct fundraising on its website alqassam.net.


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