- Paul Grewal strongly condemned the idea of supporting Hamas through any form of funding, including crypto.
- The WSJ reported that Hamas funded its recent attack with crypto.
- Hamas reportedly initiated a fundraising campaign on social media to encourage the public to deposit crypto into their accounts.
Following the recent escalation between Hamas and Israel, Coinbase‘s Chief Legal Officer Paul Grewal condemned the idea of a fund to support the Palestinian resistance movement Hamas.
What's happened in and to Israel is evil. No funds should EVER be used to support Hamas or any other organization responsible– whether those funds are in the form of fiat currency, gold, crypto or whatever. 1/3— paulgrewal.eth (@iampaulgrewal) October 11, 2023
Hamas launched an attack on Israel on October 7, and Grewal shared that what’s happening in Israel is “evil.” He stated, “No funds should EVER be used to support Hamas or any other organization responsible.” Moreover, he claimed that it doesn’t matter if those funds were in fiat, gold, or cryptocurrencies.
The attack was sudden, and according to the Wall Street Journal, Hamas’ attack was financed with…
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