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Zenger
Zenger
World
Murtuza Merchant

$1.7M In Digital Currencies Seized From Terrorist Groups Says Israel’s Defense Minister

Israel Yoav Gallant Hezbollah Terrorism Quds Force Mossad Police
Yoav Gallant as Israel Minister of Construction and Housing in 2018 at the  Annual Jerusalem Post Conference at Marriott Marquis Hotel. The now Defense Minister praised the National Bureau for Counter Terror Financing, Mossad, IDF Intelligence Branch, Israel Police, and other entities for their work in developing new strategies to combat terror financing. LEV RADIN/PACIFIC PRESS/LIGHTROCKET VIA GETTY IMAGES

Israel’s Defense Minister confirmed that a sophisticate digital currency network linked to Hezbollah and the Iranian Quds Force has been thwarted.

“Defense authorities managed to halt the transfer of substantial financial resources intended for terrorist activities through a digital currency network,” said the Defense Minister Yoav Gallant while speaking at the National Bureau for Counter Terror Financing’s third crypto conference.

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