Israeli court rules authorities can seize crypto in 150 blacklisted wallets
Over 150 crypto wallets blacklisted for alleged links to funding terror groups can now be drained of all funds following a ruling by an Israeli court. Tel Aviv's Magistrate Court has reportedly issued a ruling allowing Israel's government to seize all the crypto in more than 150 digital wallets it blacklisted over alleged links to funding terrorist groups. According to Dec. 18 local Israeli media reports, Israeli Defense Minister Benny Gantz has revealed the court 's Dec. 15 ruling has already allowed authorities to seize a further $33,500 from digital wallets linked to the Islamist militant group Hamas. Prior to the court ruling, Israeli authorities had only been legally allowed to seize digital assets with direct links to terrorist activity but not additional funds in the same wallets. In December 2021, authorities seized $750,000 from the wallets. The de facto ruling authority of the Gaza Strip in Palestine since 2007, Hamas is classified as a terrorist organization...