Crypto-Terrorism Concerns? Senator Warren And 100 Lawmakers Push Biden For Swift Response
2023年10月19日 - 7:00AM
NEWSBTC
In the middle of escalating tensions between Israel and Hamas, over
100 legislators, led by Senators Elizabeth Warren and Roger
Marshall and Representative Sean Casten, have issued a bipartisan
note urging the Biden administration to address alleged close
relations between crypto and terrorism. The lawmakers express
alarm over reported evidence suggesting that Hamas successfully
evaded US sanctions, acquiring millions of dollars through crypto
assets. They are now pressing the administration to clarify
its strategy for tackling this critical national security threat.
Lawmakers Sound Alarm On Crypto-Financed Terrorism The bipartisan
letter, addressed to National Security Advisor Jake Sullivan and
Brian Nelson, Under Secretary for Terrorism and Financial
Intelligence at the Department of the Treasury, highlights the
concerns surrounding Hamas and Palestinian use of crypto
funding. The letter states that between August 2021 and June
of the following year, these organizations allegedly raised over
$130 million in digital assets, with millions being transferred
between them. Related Reading: Binance Traders Go Bearish On
Bitcoin, But Here’s Why They Might Regret It The lawmakers stress
the urgency of the situation, given the danger posed by the
financing of militant organizations, and call on the Biden
administration to provide details about its plan to prevent the use
of crypto for terrorism financing. In their letter, the lawmakers
cite an article from the Wall Street Journal, which reports that
researchers studying Hamas’s financing allegedly confirm that
crypto remains one of several tools employed by the group to raise
funds. While it has not been determined whether the crypto
received by Hamas directly financed the October 7th terrorist
attack on Israel, the group’s explicit solicitations for crypto
have left no doubt about their intentions. Furthermore, the
lawmakers highlight that both the Israeli and US governments have
previously warned about the threat posed by crypto in the fight
against terrorism. Israel has even seized crypto assets from
terrorist organizations like Hamas and Hezbollah. However,
experts believe that only a fraction of the digital asset funds
flowing through Hamas have been successfully captured. Urgent
Call To Curtail Alleged Illicit Activity In light of this,
the lawmakers call for decisive action to address the risks
associated with illicit crypto activity to prevent further
tragedies. As Congress considers legislative proposals to
mitigate alleged money laundering and illicit finance risks, they
urge the Biden administration to swiftly and comprehensively act to
curtail such activities and safeguard national security, as well as
the security of US allies. Related Reading: When Will Bitcoin Price
Reach $1,000,000? Pundit Lays Out A Timeline The lawmakers have set
a deadline of October 31, 2023, for the Treasury and the Biden
administration to respond to questions about their plans to address
the serious national security threats arising from using crypto to
finance terrorism. As the debate surrounding the regulation of
digital assets continues to intensify, the alleged crypto-financed
terrorism adds another layer of complexity. Featured image
from Shutterstock, chart from TradingView.com
Maker (COIN:MKRUSD)
過去 株価チャート
から 6 2024 まで 7 2024
Maker (COIN:MKRUSD)
過去 株価チャート
から 7 2023 まで 7 2024