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| Israel-Palestine-Jordan |
| Defense Ministry starts seizing Bitcoin being used by Hamas |
| 2021-07-09 |
Huh. I thought that was impossible — the whole point of digital currency being that no thief or government would ever be able to access it. [IsraelTimes] Benny Gantz orders the seizure of funds in digital wallets raised in appeal by terror group for donations.The Defense Ministry says it has begun taking control of digital wallets being used by the Hamas, the well-beloved offspring of the Moslem Brotherhood, terror group that contain virtual currencies from overseas donations. The idea that those Jew hating donors have contributed so generously to the security of Israel is absolutely delightful. Defense Minister Benny Gantz approved the seizure of a series of digital wallets on June 30 after a joint operation "uncovered a web of electronic wallets" used by Hamas to raise funds using Bitcoin and other cryptocurrencies, the ministry said. |
| Posted by:trailing wife |
| #7 The currency is secure. its the "exchanges" that are not, and you generally need an exchange to convert it from virtual currency to real-world money. Nobody can tell how much bitcoin or stuff that you have, but they can tell when someone gives you cash, eventually. |
| Posted by: These Forkbeard7574 2021-07-09 16:39 |
| #6 My interest in crypto just ended. |
| Posted by: Vespasian Ebboting9735 2021-07-09 10:16 |
| #5 the crypto currency accounts themselves are likely secured (assuming the holder is not incompetent). digital wallets are another story |
| Posted by: Lord Garth 2021-07-09 09:18 |
| #4 If a government can seize cryptocurrency then our trustworthy government employees can too. So why does the DOJ allow the blackmail of US companies? |
| Posted by: Spoter B 2021-07-09 08:49 |
| #3 ^ Until the government decides they don't want it to be. |
| Posted by: Too Old To Work 2021-07-09 07:52 |
| #2 ^It is. |
| Posted by: g(r)omgoru 2021-07-09 07:36 |
| #1 Never dabbled in Bitcoins, so I have to ask wiser people than myself on the subject. I thought a major selling point of Bitcoins was non-traceability and monitoring by the worlds Gov.'s |
| Posted by: NN2N1 2021-07-09 06:50 |