In a synchronized move aimed at disrupting the financial infrastructure backing Hamas, the United States and the United Kingdom have taken decisive action by imposing sanctions on Gaza Now, an internet-based media platform allegedly involved in financing the militant group.
The focal point of these sanctions is directed towards Mustafa Ayash, the mastermind behind Gaza Now, alongside various individuals and entities connected to the organization’s fundraising endeavors.
The decision to implement these measures stemmed from an extensive inquiry into Gaza Now’s fundraising initiatives subsequent to the occurrence of an assault in Israel on October 7th.
Cryptocurrency In Terrorism Financing
Following the occurrence of the October 7 incident, the investigation was set into motion as Gaza Now embraced cryptocurrency contributions.
The utilization of digital assets in terrorist financing came under scrutiny when Elliptic, a blockchain analytics company, discovered a donation
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