Israeli court approves seizure of all cryptocurrency in terrorism-linked wallets
Israeli Defense Minister Benny Gantz revealed on Sunday that the Tel Aviv Magistrate’s Court last week issued a ruling approving the government’s seizure of any and all cryptocurrency assets from digital wallets that have funded terrorism. Israeli authorities had previously been allowed to seize only those digital assets used to directly finance terrorist activity, but not additional funds in the same wallets. Since the court ruling, Israel has seized $33,500 from digital wallets that last year funneled cryptocurrency to Hamas, Gantz’s office said. Authorities in Dec. 2021 confiscated some $750,000 in cryptocurrency from those wallets.
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