🤔 This week: TSLA Q3 earnings report - is now the right time to buy the EV giant?Explore TSLA Data

Israel Alleges Mysterious Stablecoin Whales Are Islamist Groups

Published 10/16/2023, 06:16 PM
Updated 10/16/2023, 06:45 PM
Israel Alleges Mysterious Stablecoin Whales Are Islamist Groups

  • ChainArgos looks at huge stablecoin transactions allegedly associated with Hamas, ISIS, and Hezbollah.
  • Israel’s list is topped by wallets that were never previously mentioned anywhere on the internet.
  • An average of $3,900 in crypto has been transferred from Binance to wallets allegedly connected to Hamas.

The blockchain analytics platform ChainArgos has reported a claim by the Israeli National Bureau for Counter Terror Financing alleging that military groups and political parties including Hamas, ISIS, and Hezbollah, hold billions of dollars in stablecoins. Interestingly, ChainArgos notes that neither the wallet with the highest total sum of transfers, nor any of the wallets with which it has transacted tens to hundreds of millions of dollars, appear to have been mentioned anywhere on the internet before Israel’s claim.

The post Israel Alleges Mysterious Stablecoin Whales Are Islamist Groups appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.