the found out How the Blockchain analysts of white stream, received the Palestinian organization Hamas Bitcoin donations. The Juicy stuff: The donations ended up on Coinbase Wallets. Meanwhile, only two percent of the BTC transactions go in favor of illegal transactions.
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6. February 2019BTC$3.406,85 -1.47%part Facebook Twitter LinkedIn xing mail
For some time now, reports doing the rounds that the Hamas has officially called on to donate in Bitcoin. Thus, the in Germany as a terrorist organization classified organization to manage the capital lock on the part of the Israeli neighbors.
As the Israeli Start-up white stream recently found out, and followed this call, already two individuals. One of the two transactions is received, therefore, on a Wallet that the Start-up with the US-crypto exchange Coinbase associated. This was not analyze according to the white stream more difficult. Finally, the Hamas had released himself the question Bitcoin address on your Telegram Channel. Overall, the inputs were but manageable: Different sender could have sent, therefore, only BTC in value from US $ 2,500 to the published addresses.
the donations came from the Wallets of well-known Exchanges
Also about the origin of the Bitcoin donations white stream findings could win. Part of the donations came from the Wallets of various crypto-Exchanges, such as Binance, the little-known Russian stock exchange Vilkov and a Coinbase address.
Since the Exchanges are subject to the legal framework of the countries in which they operate, this should not be a matter for the company in question is pleasing. Because just like in this country, the Hamas is classified in the United States and Israel as a terrorist organization. Sending BTC to Hamas is therefore illegal. The Coinbase is aware of. The company reserves the right to, and withdrawals to investigate their use. As it says in the terms and conditions of the company:
Before the revenue from digital currencies can be requested from the Wallet of the user’s back, we will carry out checks to prevent fraud, money laundering, terrorism financing and other financial crime. This could prevent your withdrawal or delay.
Meanwhile, the Hamas has pulled the Bitcoin donations from their Coinbase Accounts, however. For a Freezing of Funding, it is now too late.
Read also: More autonomy car: thoughts on the tenth birthday of Bitcoin
the importance of BTC for illegal transactions, overvalued
However, the importance of Bitcoin for the funding of illegal activities will be overestimated to some extent. Only two per cent of the transactions of the users for the purposes of the financing of terrorism or activities in the Dark Net, white stream, founder of Itsik Levy.
Furthermore, the story shows once more that such activities remain in the public structure of the Blockchain rarely long been Hidden.
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