Summary
Blockchain analytics firm Elliptic discovered that the online organization only raised $21,000 in cryptocurrency for Hamas following the October 7th attacks.
Key Points
1. Elliptic, a blockchain analytics firm, discovered that the online organization raised only $21,000 in cryptocurrency for Hamas following the attacks on October 7th.
2. The amount raised for Hamas through cryptocurrency was relatively low, indicating potential challenges for terrorist organizations in leveraging digital assets for funding.
3. This finding highlights the importance of blockchain analytics in tracking and monitoring illicit transactions, ultimately aiding in the prevention of terrorist financing through cryptocurrency.