US, UK Crack Down on Gaza Now for Hamas Crypto Funding

US, UK Crack Down on Gaza Now for Hamas Crypto Funding

The United States and the United Kingdom have imposed sanctions on Gaza Now, an online media outlet accused of helping with financing Hamas, especially in the wake of the October 7 attack in Israel. These sanctions also apply to Mustafa Ayash, the founder of Gaza Now, as well as others and entities associated with the organization’s fundraising efforts.
Does the media & fundraising site ‘Gaza Now’ ring a bell?
It’s being pushed by numerous celebrities and world leaders.
Well guess what? The U.S. Department of Treasury just sanctioned it for providing material support to Hamas! pic.twitter.com/UGNYNtZgA1
— StopAntisemitism (@StopAntisemites) March 27, 2024

Crypto Funding Under Scrutiny
The investigation of the fundraising activities by Gaza Now started after they accepted cryptocurrency donations in the wake of the October 7 event. Elliptic, a blockchain analytics firm, identified the contribution made of digital assets of $21,000.
This observation is in line with a larg

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We współpracy z: https://coingape.com/us-uk-crack-down-on-gaza-now-for-hamas-crypto-funding/

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