Tag Archive for Bitcoin

Hamas turns to Bitcoin to hide terror funding

In its latest maneuver to evade Israeli intelligence from intercepting the funding for their terror operations, Hamas has turned to using the cryptocurrency Bitcoin, and are appealing to their supporters to exploit the benefits of anonymous funding.

By Elior Levy


The security establishment is expressing concern after the military wing of Hamas made a decision to alter its financial strategy and use the virtual cryptocurrency Bitcoin.

Ever since its founding, Hamas has played a cat and mouse game with Israeli intelligence agencies in an effort to conceal the complex channels that fund its operations, using various banks and currency exchangers. Continue Reading »