The US Foreign Assets Office (OFAC) said that two of the eight suction wallets are deposit addresses on large digital platforms and are associated with the financial mediator of the Husites Said Al-Jamal. The remaining six are controlled by private individuals and identified by the Israeli Bureau for the Combating of the Financing of Terrorism (NBCTF) as involved in the financing of terrorist organizations.
OFAC, with reference to the analysis of onchain operations provided by experts of blockchain-criminal companies Chainalysis And TRM Labsreported that the volume of displaced funds aimed at supporting Ansarallah and other terrorist organizations, such as the Hamas military wing, almost reached $ 1 billion.
Earlier, the US Ministry of Justice, with the support of the FBI and the tax department, confiscated $ 201,400 in digital assets, which, according to the agency, were used to finance the militarized Palestinian Islamic organization Hamas.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
