Home Blockchain News Hamas Plays Whack-a-Mole Crypto Wallet While Raising $7,400 in Bitcoin

Hamas Plays Whack-a-Mole Crypto Wallet While Raising $7,400 in Bitcoin

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By CCN.com: The military wing of Hamas, Izz el-Deen al-Qassam Brigades, is upping its crypto game by soliciting bitcoin in a bid to deter tracking. With its crowdfunding operation using cryptocurrencies having attracted undue attention, Izz el-Deen al-Qassam Brigades is now generating a new digital wallet for every donation received. This is according to research conducted by blockchain analysis firm Elliptic and reported by Reuters. Previously, the group that’s classified as a terrorist organization by the EU and the United States used a single wallet. Researchers now say that this makes keeping track of the group’s crypto fundraising operation harder.

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* First published on ccn.com

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