US Treasury Debunks Hamas Crypto Reliance for Terrorism Funding

In the wake of last years terrorist attacks by Hamas in Israel, cryptocurrency faced accusations of facilitating such violent acts. However, skepticism arose among cryptocurrency experts regarding the validity of these claims. Brian Nelson, the U.S. Department of the Treasurys top official on terrorism financing, affirmed to lawmakers on Wednesday that the situation had been exaggerated. Clarification Amid Controversy The Wall Street Journal had initially reported in October linking tens of millions of dollars in crypto payments to Hamas, Palestinian Islamic Jihad, and other groups,...

source: https://tokenpost.com/US-Treasury-Debunks-Hamas-Crypto-Reliance-for-Terrorism-Funding-11243

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Source: NewsService