Last February, the State Department said that Hamas raises funds in other Gulf countries and gets donations from Palestinians, other expatriates and its own charities.
Blockchain researchers TRM Labs said this week in a research note that crypto fundraising has previously increased following rounds of violence involving Hamas.
However, since last weekend's violence, prominent Hamas-linked support groups had moved just a few thousands dollars through crypto, TRM noted.
Between Dec. 2021 and April this year, Israel seized almost 190 crypto accounts it said were linked to Hamas.
SHIPS AND SHELLSWhether through crypto or other means, Hamas' allies have found ways to get money to Gaza.
Persons:
Matthew Levitt, Levitt, Tom Robinson, TRM, Israel, they've, Stephen Reimer, Saeed Azhar, Sinead Cruise, Tom Wilson, Tommy Wilkes, Andrew Mills, John O'Donnell, Frank Jack Daniel Our
Organizations:
LONDON, Hamas, Barclays, Islamic Resistance Movement, State Department, Reuters, TRM Labs, The U.S . State Department, U.S . Treasury, UN, Qatari, Royal United Services Institute, Parisa, Thomson
Locations:
DUBAI, Gaza, Israel, U.S, Iran, Qatar, United States, Britain, The, Turkey, Saudi Arabia, Tehran, Islamic Republic, New York, London, Doha, Dubai