https://www.benzinga.com/markets/cr...-hamas-crypto-accounts-with-help-from-binance Israel Seizes Hamas Crypto Accounts With Help From Binance by Murtuza Merchant, Benzinga Staff Writer October 10, 2023 10:33 AM | 2 min read ZINGER KEY POINTS Confiscated funds from these accounts are set to be directed to Israel's national treasury. Since 2021, Israeli authorities have seized around 190 Binance accounts suspected of terrorist ties. Cryptocurrency accounts associated with the Palestinian group Hamas have been halted by the Israeli police, according to a local news report. Local news source Calcalist on Tuesday, referenced an official announcement, reporting that following an attack on Israel by Hamas over the past weekend, escalating into full-blown conflict, Israel's defense chief has mandated a total blockade of the Palestinian territory, Gaza. Collaborative efforts between the digital division of the Israel Police's Lahav 433 and the nation's defense ministry, intelligence sectors, and the cryptocurrency platform Binance were instrumental in pinpointing the accounts in focus. The report further states that the confiscated funds will be directed to Israel's national coffers. In light of these developments, it's worth noting the upcoming Benzinga's Future of Digital Assets conference on Nov. 14, which will delve into the intricate dynamics of the digital currency world. Earlier in March, the U.S. Commodities Futures and Trading Commission (CFTC) initiated legal proceedings against Binance's chief, Changpeng Zhao, stating that the company's executives were aware of "HAMAS transactions" on their platform. Since 2021, Israeli officials have taken control of approximately 190 Binance accounts suspected of ties to terrorist organizations. When asked for a comment, a Binance spokesperson told Benzinga that the data it uses to pinpoint individuals, addresses, and infrastructures associated with specific organizations stems from intelligence provided by law enforcement and investigative tools it has developed. "Over the past few days, our team has been working in real-time, around the clock to support ongoing efforts to combat terror financing. We are committed to ensuring the safety and security not just of the blockchain ecosystem, but also the global community, through our proactive work," the spokesperson added. © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
China conquered / liberated Tibet a few years ago. Russia conquered / liberated part of Ukraine a few months ago. Israel conquered Gaza a few years ago. Laos is the most heavily bombed country in the world. It was bombed by the US even though Laos did not conquer an inch from the US and Laos did not kill a single American. The rest of the world could only look at the bombing helplessly. Who are the terrorists? It depends on the definition. The rich and powerful have the greater say.
The point I could agree with is the ability of government to control crypto currency. Once again we see that crypto holders are often bad actors using crypto to circumvent state oversight. Drug dealers, arms dealers, terrorists, scammers, tax dodgers, etc. The gullible ones are the idealists and the speculators who are willing to mingle with the dark money. This article was reassuring that crypto is not outside government control.
If the good actors don't make the news, how can you conclude that crypto holders are often bad actors?
We speculate; isn't that what we do everyday trading one thing or another hoping to make a few bucks in the process? The news is filled with example of government interventions in the crypto world to stop illicite activities or trade embargoes. I'm a crypto speculator who once believed that BTC (or another) could become a world currency, something akin to the old gold standard. I didn't realize those idealists who strongly believe in the anarchist/libertarian understanding of a para governmental currency freed of political intervention. I'm a good actor.
%% Good question; simple math. Example of bad actors-crooks , but use a better trade or investment currency, for clarity $10,000+ cash carry = crook or mostly stupid or untaxed bootlegger; dosent apply to a business with frequent cash deposits......................... So many frauds+ cooks in some sectors, wonder how many bitcons or bootleggers a are crooks?? I'm not a tax lawyer but one said ''think carefully before you answer the IRS standard form question about virtual currency''
You're making my point. So much scamming in the crypto world that even the house is corrupt to the core.
But... this can't be true. His parents are lawyers and the most self-declared ethical people. They even donated to charity to show what pillars of the community they are!
I proved your point SBF love regulators in the US, love regulators in the Bahamas, love regulators in HK/China You are exactly like SBF, you love regulators, a 100% self-admitted statist SBF pretended to be a supporter of crypto, but instead was a supporter of fiat and an evil actor in the cryptos ecosystem Even now Caroline has confirmed what we suspected that SBF was trying to suppress bitcoin price to go below $20k by selling stolen customer bitcoins You are exactly like SBF, you pretended to support cryptos but in reality you are a good actor for the fiat system and you are an evil actor in the cryptos ecosystem with your constant fud