Whether through crypto or other means, Hamas' allies have found ways to get money to Gaza.

2021 and April this year, Israel seized almost 190 crypto accounts it said were linked to Hamas. 'One likely reason for the low donation volume is that Israeli authorities are targeting them immediately,' TRM said, adding that Israel had seized cryptocurrency worth 'tens of millions of dollars' from Hamas-linked addresses in recent years.īetween Dec. However, since last weekend's violence, prominent Hamas-linked support groups had moved just a few thousands dollars through crypto, TRM noted. After fighting in May 2021, Hamas-controlled crypto addresses received more than $400,000, TRM Labs said. Blockchain researchers TRM Labs said this week in a research note that crypto fundraising has previously increased following rounds of violence involving Hamas.