The armed wing of the alleged terrorist organization Hamas – Al-Qassam Brigades – will reportedly stop receiving donations in bitcoin out of concern for the safety of the contributors.
The Israeli authorities have previously estimated that the entity funded some of its military campaigns through cryptocurrencies. The Defence Ministry seized over 100 digital wallets associated with the group over the past few years.
Going Back to Traditional Methods
A local media outlet reported that the military wing of the Islamic resistance movement will no longer obtain contributions via bitcoin: a method that the organization had used for years. The main reason behind the move seems to be the enhanced protection of donors.
“This comes out of concern about the safety of donors and to spare them any harm,” Al-Qassam Brigades explained.
Gaza economist Mohammad Abu Jayyab believes the organization has stopped crypto donations, fearing that Israel’s agencies could identify the people who
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