In the days following the unspeakable massacre of Israeli citizens by Hamas terrorists, crypto has become an unwilling part of the story. On Tuesday, the Wall Street Journal published a widely circulated report that called out cryptocurrency as integral to the operation's funding:
"During the year leading up to the attacks, three militant groups—Hamas, Palestinian Islamic Jihad, and their Lebanese ally Hezbollah—received large amounts of funds through crypto, according to a review of Israeli government seizure orders and blockchain analytics reports," reported the Journal, which claims Hamas crypto wallets have received $41 million since mid-2021.
