Hamas’ coffers filled up with Bitcoin during Israeli bombing

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Bitcoin has found its way into Hamas’ coffers in increased quantities from the beginning of May’s escalation in the Gaza Strip. This is helping the organisation bypass global restrictions and acquire money for its armed efforts, The Wall Street Journal reported last week. A high-level Hamas insider told the US paper Hamas’ military branch began receiving increased numbers of online visitors amid the Israeli bombing campaign against Gaza and Hamas rocket fire on Israel. He also explained that more Bitcoin started coming in. “There was definitely a spike. “Some of the money gets used for militar…

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