Attention Economy


Tuesday, October 10, 2023

Cryptos and Illicit Finance

Hamas Needed a New Way to Get Money from Iran. It Turned to Crypto.
https://www.wsj.com/world/middle-east/hamas-needed-a-new-way-to-get-money-from-iran-it-turned-to-crypto-739619aa
The pivot to digital currencies helped Hamas receive large sums from Iran in the two years preceding the attacks on Israel

Most Popular Cryptocurrency Keeps Showing Up in Illicit Finance
https://www.wsj.com/finance/currencies/most-popular-cryptocurrency-keeps-showing-up-in-illicit-finance-71d32e5e
Tether has allegedly been used by Hamas, drug dealers, North Korea and sanctioned Russians

Hamas Had Raised Millions of Dollars in Crypto
https://www.wsj.com/world/middle-east/militants-behind-israel-attack-raised-millions-in-crypto-b9134b7a
Digital currency transactions highlight how the U.S. and Israel have struggled to sever the access of Hamas, Palestinian Islamic Jihad and Hezbollah to foreign funding. 

Crypto was never more than a solution in search of a problem
https://www.washingtonpost.com/opinions/2023/10/11/crypto-fraud-sam-bankman-fried-bitcoin/