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IDC identifies Hamas bitcoin front with Iran links - report

A website called “cash4ps” enables Hamas to send and receive money out of Gaza for operational terror purposes while simultaneously providing a measure of anonymity to either donors or beneficiaries.


By YONAH JEREMY BOB JANUARY 19, 2020 21:48



Palestinians take part in a rally marking the 31st anniversary of Hamas' founding, in Gaza City(photo credit: IBRAHEEM ABU MUSTAFA / REUTERS)


IDC’s International Institute for Counter-Terrorism (ICT) has identified a bitcoin front for Hamas which has links to Iran in a report exclusively obtained by The Jerusalem Post.According to the IDC-ICT Cyber desk report, the al-Nasr Brigades – Lawa al-Tawahid – serve as the military arm of the Popular Resistance Committees, was formed in 2001 by Jamal Abu Samhadna Abu Atayya and operates under the auspices of Hamas.


The report also says that the brigades have been funded by Iran in the past, but appear to be low on Iranian funds in the present, leading to the new bitcoin fund-raising initiative.In addition, the organization is known for its kidnapping operation of Gilad Schalit.In the ICT report, the Hamas and Iran-linked group’s network of online media platforms is deciphered as well as how they all interact to raise funds for the group.A website called “cash4ps” enables Hamas to send and receive money out of Gaza for operational terror purposes while simultaneously providing a measure of anonymity to either donors or beneficiaries of the funds, said the report.

For full article click here: https://www.jpost.com/Israel-News/ICT-identifies-Hamas-bitcoin-front-with-Iran-links-exclusive-614644