RATE Group | Hamas, Iran-Tied Militants Intensify Bitcoin Fundraising Action
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Hamas, Iran-Tied Militants Intensify Bitcoin Fundraising Action

20 Jan Hamas, Iran-Tied Militants Intensify Bitcoin Fundraising Action

Posted at 12:07h in Bitcoin News by

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A militant group with ties to the Iranian regime and Hamas — the de facto ruling authority of the Gaza Strip in Palestine — is allegedly upping its Bitcoin (BTC) fundraising activities.

The spur for the increase is reportedly a slump in resources, compounded by Iran’s recent rejection of the group’s request for financial support. 

An analysis of the group’s activities was detailed in a cyber desk report from the IDC’s International Institute for Counter-Terrorism (ICT), as reported by the Jerusalem Post on Jan. 19.

“Irregular increase” in wallet activities

The ICD-ICT cyber desk report claims there has been an “an irregular increase in the scope of activity” of a BTC wallet address (1LaNXgq2ctDEa4fTha6PTo8sucqzieQctq) it ties to the fundraising activities of the Hamas and Iran-affiliated “al-Nasser Salah al-Deen Brigades,” the military wing of the Palestinian Popular Resistance Committees (PRC). 

The PRC is a coalition of armed local groups, formed in late…

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