Friday, April 26, 2019

Hamas raised $7,400 in Bitcoin, but it’s still learning to hide the evidence


The military wing of Palestine’s Hamas has received around $7,400 since it began accepting cryptocurrency donations, but tracking the funds is set to become more difficult. Al-Qassam Brigades has been urging supporters to send Bitcoin since January. The campaign is led by tutorial videos that show how Bitcoin can subvert the traditional finance system, Reuters reports. The group is proscribed by the United States, the United Kingdom, Australia, and New Zealand, who have labelled it a terrorist organization. The European Union has done the same for Hamas. In fact, sending funds to the organization is illegal in those regions. “They are…

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