As you may have realized by now, the current Israeli war, or the war of 2023, is not a war like it used to be.
Today’s wars are fought on multiple battlefields: physical battlefields, digital battlefields, and economic battlefields you may not have thought of.
We’ve all heard about Iran funneling money to Hamas and Hezbollah. It’s no secret that this is happening. It’s no secret how our enemies transfer money. It’s not cash.
They use cryptocurrencies.
Well, there’s an Israeli startup that suspended operations to stop the transfer of cryptocurrencies to Hamas terrorists, and so far it’s been surprisingly successful.
Lionsgate Network, an Israeli startup specializing in crypto analysis and recovering hacked crypto funds, has joined Israel’s national effort to assist the government in identifying and intercepting crypto wallets linked to Hamas. .
A new Israeli campaign against Hamas’ cryptocurrency wallets has successfully frozen about 100 accounts worth tens of millions of dollars.
This campaign to stop Hamas from using cryptocurrencies represents an important victory for the population, especially as border closures also limit traditional cash options.
Lionsgate Network is currently launching a major campaign to track and freeze crypto wallets belonging to Hamas and Hezbollah, which Lionsgate Network CEO and founder Bezalel Rabib says is a major threat to their efforts. It will mark the end of the organization’s journey.
“The most effective way to end this war tomorrow is to stop terrorists from funding cryptocurrencies,” Labib said.
Lionsgate Network is at the forefront of global blockchain analysis and recovery. The company’s team of experts tracks and monitors real-time cryptocurrency transactions, identifying and labeling suspicious financial activity, allowing you to quickly respond to potential threats before they materialize.
“We are currently working to release seized Hamas funds to support the thousands of families affected by the recent inhuman terrorist attacks,” Labib said.
Everyone knows that the Hamas leadership continues to amass wealth through fraudulent foreign aid targeting its own people. But how many of us are taking action to address this?
Interrupting the flow of terrorist financing can ultimately end decades of terrorism. This effort is of paramount importance alongside Combat Soldiers and Online Warriors.
My friend Bezalel is using our technology to wage this war by dismantling the Hamas cryptocurrency infrastructure that facilitates the transfer of billions of dollars in terrorist funds and disrupts peace around the world. I’m proud of what I did.
Yet another example of great Israeli technology companies making great strides.
