Hamas-linked crypto accounts frozen by Israeli police, with Binance’s help: Report

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Israeli police have frozen [cryptocurrency](http://pubads.g.doubleclick.net/gampad/clk?id=5703845201&iu=/7138/FXS30) accounts linked to Palestinian militant group Hamas, local media outlet Calcalist reported Tuesday, citing an official press statement.A multi-pronged attack on Israel by Hamas over the weekend has broken into all-out war, with the former’s defense minister ordering a complete siege of the Palestinian enclave Gaza.The cyber arm of Israel…

Israeli police have frozen [cryptocurrency](http://pubads.g.doubleclick.net/gampad/clk?id=5703845201&iu=/7138/FXS30) accounts linked to Palestinian militant group Hamas, local media outlet Calcalist reported Tuesday, citing an official press statement.A multi-pronged attack on Israel by Hamas over the weekend has broken into all-out war, with the former’s defense minister ordering a complete siege of the Palestinian enclave Gaza.The cyber arm of Israel Police’s Lahav 433 unit worked with the country’s defense ministry, intelligence agencies and crypto exchange [Binance](http://pubads.g.doubleclick.net/gampad/clk?id=5703294193&iu=/7138/FXS30) to target the accounts in question, according to the report.It added that any funds seized are destined for the Israeli national treasury.A lawsuit filed against Binance’s CEO Changpeng “CZ” Zhao by the U.S.Commodities Futures and Trading Commission (CFTC) in March alleged the firm’s officers knew of “HAMAS transactions” on the platform.Israeli authorities had previously seized around 190 Binance accounts with alleged links to terrorist groups since 2021.

CoinDesk has reached out to Binance for comment.

All writers’ opinions are their own and do not constitute financial advice in any way whatsoever.Nothing published by CoinDesk constitutes an investment recommendation, nor should any data or Content published by CoinDesk be relied upon for any investment activities.CoinDesk strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.[Join Telegram](https://t.me/fxstreetcrypto) Follow us on Telegram Stay updated of all the news Recommended Content Editors’ Picks [Binance accounts lose almost $450,000 to scammers following phishing attacks](https://www.fxstreet.com/cryptocurrencies/news/binance-accounts-lose-almost-450-000-to-scammers-following-phishing-attacks-202310100151) [](https://www.fxstreet.com/cryptocurrencies/news/binance-accounts-lose-almost-450-000-to-scammers-following-phishing-attacks-202310100151) Binance accounts have been victims of multiple phishing attacks over the past two weeks, with Hong Kong police reporting multiple cases and urging users to exercise caution.

It comes at a time when the crypto industry has witnessed multiple attacks of different demeanor.[More Cryptocurrencies news](https://www.fxstreet.com/cryptocurrencies/news) [Polkadot price controlled by bears after a strong rejection from supply zone, DOT could now be ripe for buying](https://www.fxstreet.com/cryptocurrencies/news/polkadot-price-controlled-by-bears-after-a-strong-rejection-from-supply-zone-dot-could-now-be-ripe-for-buying-202310100055) [](https://www.fxstreet.com/cryptocurrencies/news/polkadot-price-controlled-by-bears-after-a-strong-rejection-from-supply-zone-dot-could-now-be-ripe-for-buying-202310100055) Polkadot (DOT) price has been on a stealth downtrend since early in the year, recording lower highs and lower lows with the upside potential capped under a descending trendline.It comes as altcoins continue to lead the cryptocurrency market crash.[More Polkadot News](https://www.fxstreet.com/cryptocurrencies/news?q=Polkadot&hPP=15&idx=FxsIndexPro&p=0) [Bitcoin price losing bullish momentum leaves namesake tokens BCH and BSV facing losses](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-losing-bullish-momentum-leaves-namesake-tokens-bch-and-bsv-facing-losses-202310092354) [](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-losing-bullish-momentum-leaves-namesake-tokens-bch-and-bsv-facing-losses-202310092354) Bitcoin price breached through the EMA this past week to trade above $27,500.

The cryptocurrency has since been moving sideways; however, the declining bullishness spells trouble not only for BTC but its hard fork tokens, Bitcoin Cash and Bitcoin SV, as well.[More Bitcoin News](https://www.fxstreet.com/cryptocurrencies/news?q=&hPP=15&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=Bitcoin) [Ethereum price tests crucial support at $1,570 as ETH becomes a polarizing topic](https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-tests-crucial-support-at-1-570-as-eth-becomes-a-polarizing-topic-202310092059) [](https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-tests-crucial-support-at-1-570-as-eth-becomes-a-polarizing-topic-202310092059) Ethereum correlation to Bitcoin has continued to widen since the mid-September reading, with the second-largest cryptocurrency by market capitalization now wandering on its own.With its bearish outlook, ETH has often rubbed longs the wrong way.[More Ethereum News](https://www.fxstreet.com/cryptocurrencies/news?q=&hPP=15&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=Ethereum) [Bitcoin: BTC bearish fractal forecasts correction to $25,000](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-weekly-forecast-btc-bearish-fractal-holds-steady-ahead-of-us-nonfarm-payrolls-202310061127) [](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-weekly-forecast-btc-bearish-fractal-holds-steady-ahead-of-us-nonfarm-payrolls-202310061127) Bitcoin (BTC) price hovers around $27,600 and shows no directional bias on the daily chart.Liquidity pockets are present in both directions, leaving traders guessing where BTC will go next.[Read full analysis](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-weekly-forecast-btc-bearish-fractal-holds-steady-ahead-of-us-nonfarm-payrolls-202310061127).

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