28.08.2024 10:01
Cryptocurrency company Binance has decided to seize all Bitcoin assets of Palestinians upon the request of the Israeli government. This move has sparked significant backlash on the international stage.
Binance, considered one of the world's largest cryptocurrency exchanges, made a scandalous decision to seize all funds belonging to Palestinians upon the request of the Israeli Defense Forces.
OFFICIAL STATEMENT RELEASED
An official document shared by Ray Youssef, the CEO of Bitcoin P2P marketplace NoOnes, revealed a decision to seize an individual's assets under the Anti-Terrorism Act. The document, belonging to the Israeli Defense Forces, stated that "under the authority of the Defense Minister, the cryptocurrency wallets of these individuals have been seized. The reason for the seizure is the transfer of cryptocurrencies by a terrorist organization and their use for committing acts of terrorism. After examining the allegations, it has been determined that the seizure order is valid and the assets will be confiscated."
BINANCE DENIES THE ALLEGATIONS
Following this decision, which has sparked widespread international outrage, Binance denied the allegations and claimed that only a few user accounts associated with illegal funds will be banned from trading.
BOYCOTT INITIATED
Binance's support for and alignment with Israel, which has been killing innocent civilians in Gaza for months, has drawn significant criticism. A boycott hashtag, "Binance stands with GENOCIDE!", has been trending on social media.