Reported by Philip Heijmans and Niki Koswanage Malaysia’s government can’t rule out whether a local charity funneled millions of dollars to Hamas, according to officials familiar with the matter, as it probes the group for allegedly supporting a conservative Islamist organization in the Southeast Asian nation. Malaysia’s anti-graft body on Oct. 17 froze as many as 41 […]
Jamie Dimon, CEO of JPMorgan Chase, articulates why crypto should be shut down for good.
Reported by Jon Levine The Rockefeller Brothers Fund has links to two groups the Israeli government designated “terrorist organizations,” a review of public records by The Post shows. Founded in 1940, the famous clan’s $1.3 billion fund — where Justin, Wyatt and David Rockefeller Jr. sit on the board of trustees — has shelled out […]
Reported by Steve Muchoki Circle Chief Strategy Officer and Head of Global Policy Dante Disparte wrote a formal letter to Senators Sherrod Brown and Elizabeth Warren to refute claims that USDC has been used for funding the Hamas terror group. After the United States Department of Treasury caught up with Binance Holdings Ltd, and its […]
Reported by Allegra Catelli, Bloomberg News Swiss police sent a tip-sheet to several banks and asset managers on how to spot suspicious payments directed to Hamas. Such payments are “often carried out under the guise of fundraising campaigns for humanitarian aid,” the police says in a letter cited by public broadcaster SRF. The request to […]
Reported by SHARRI MARKSON Australians have been donating tens of thousands of dollars to an aid organisation in Gaza that’s been accused of funnelling the money to a hardline Islamic terrorist group. Sky News can reveal the charity founded by the Australia Palestine Advocacy Network president Nasser Mashni is sending money to a Gaza-based health […]
Reported by Sam Lyman Following Hamas’ attack, a report emerged with estimates that the terrorist organization had raised more than $130 million in cryptocurrency to fund its war against Israel. Senator Elizabeth Warren—the self-appointed generalissima of the “anti-crypto army”—latched onto this eye-popping figure to conscript 104 of her congressional colleagues to sign a letter to the White House urging […]
Reported by ISABEL OAKESHOTT Israeli and United States intelligence agencies believe Iran funnels up to $100 million a year to Hamas — but what about the hundreds of millions sent to Gaza by the U.N.? Funded primarily by the U.S. and the European Union, the U.N. Relief and Works Agency (UNRWA) effectively underpins Hamas in Gaza, […]
Reported by YAYA J. FANUSIE Recent reporting about Palestinian terrorist groups accessing crypto assets points to an ongoing challenge: Terrorist organizations continue to exploit weak links across the financial system to raise, hide, and disperse funds. Many gaps exist, both with traditional financial actors and some crypto platforms that don’t effectively enforce the clear legal […]
Financial Crime News Briefs 