According to data from the Wall Street Journal and two analytical firms, crypto donations to Hanna and its affiliated groups are estimated to be more than $135million between August 2021 and June 2023.
Forensic cognoscenti Elliptic and Tel Aviv software detective BitOK brought these accretions to light.
CoinDesk furthered revealed that, unbeknowishingly, Binance has been central to the financial activities of Hamas’s fuel arm the Izz ad-Din al-Qassam Brigades with peer to peer electronic fund transfers to the tune of up to $100,000 in Bitcoin since the start of 2021.
But cryptocurrency is far from the major donor of these militant groups, in fact, associated entities such as Lebanese bomber Hezbollah and the Palestinians Islamic Jihad holds lifeguage to an estimated $100million per annum according to US justice conducts.
