Israel confiscates digital currencies over Hamas support

Israel confiscates digital currencies over Hamas support

There was no comment from Hamas on Israeli allegations

JERUSALEM (AA) – Israeli Defense Minister Benny Gantz on Monday signed a decree confiscating digital currencies which he said were intended to support Palestinian group Hamas.


In a statement, the Defense Ministry said Gantz “signed an order to confiscate digital currencies amounting to 10.000 shekels ($3000) from 12 digital accounts.”


According to the statement, the money was in 30 digital wallets belonging to an exchange company in Gaza City.


"The digital currency was confiscated in a joint operation of the Anti-Money Laundering and Countering the Financing of Terrorism of the Israeli Army,” the statement reads.


The ministry said the decision was the third of its kind within a year.


There was no comment from Hamas on the Israeli allegations.


* Writing by Bassel Barakat in Ankara

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