Binance Freezes Hamas-Linked Accounts Amid Government Investigation

Binance has taken action against Hamas-linked accounts, freezing them and handing over records to investigators, according to an FBI affidavit. The move follows a government request for Tether to freeze associated USDT.

The blockchain trail, aided by Chainalysis, exposed the flow of funds despite Hamas directing donors toward other platforms like OKX and Bybit. This underscores the need for rigorous traceability in terrorist financing crypto exchanges' compliance history.

Binance acted promptly on related accounts, handing over records directly linking them to the Hamas operational wallet, per the FBI affidavit. Tether also froze associated USDT after receiving a government request.