Minister of Defense Yoav Gallant delivered remarks at the third annual crypto conference hosted by the National Bureau for Counter Terror Financing (NBCTF) in Israel’s Ministry of Defense. During the event, Minister Gallant revealed an unprecedented operation, which he approved and launched several weeks prior, with the aim of identifying and confiscating terror funds laundered by terrorist organizations supported by Iran.
Minister Gallant said: “Since its establishment, Israel has faced complex security threats. Over the years, as technology advanced and developed, so did the threats – they changed and evolved. In addition to our fight against terror organizations and their proxies, we are now also tasked with identifying and cutting off the resources intended for terrorism.”
“This is not a simple mission, and it only becomes more complex once we deal with digital currencies. Anyone who finances terrorism and/or maintains financial ties with the perpetrators of terror – must know that they too, will become targets. READ MORE