The military wing of Hamas has explicitly told its supporters to stop using Binance when sending cryptocurrency donations, directing them instead toward alternatives including Bybit, OKX, Trust Wallet, RedotPay, and Kast. The Al-Qassam Brigades still permit Binance for purchasing crypto assets, but the exchange is now considered too risky as a conduit for moving funds to the designated terrorist organization. FBI seizures and the Tron trail The shift in platform preferences comes as US authorities have significantly escalated their pursuit of Hamas-linked crypto wallets. The FBI seized approximately $560,000 in cryptocurrency connected to the group’s fundraising operations, according to a recent investigation covering the period from March 2025 onward. The funds moved primarily through the Tron blockchain, denominated in USDT. Hamas operatives employed rotating wallet addresses in an attempt to minimize their digital footprint, using a fresh address for each donation cycle so no single wallet accumulates enough history to attract attention. The FBI identified a shared “gas” wallet, essentially a single address used to pay transaction fees for multiple donation-related wallets. That...
Hamas’ military wing advises donors to use Bybit, OKX over Binance
4 days ago
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