Crypto exchange giant Binance accused of seizing crypto funds of Palestinians at the behest of IDF
Cryptocurrency exchange giant Binance has been accused of seizing crypto funds held by Palestinians following a request from the Israeli Defense Forces (IDF).
This allegation was first raised by Ray Youssef, founder and CEO of peer-to-peer bitcoin marketplace NoOnes, who wrote on X that “Binance has seized all funds from all Palestinians as per the request of the IDF. They refuse to return the funds. All appeals denied.” (Related: Armed Israeli settlers attack West Bank village, burning down properties and killing a young Palestinian man.)
Youssef cited a letter allegedly sent by Paul Landes, head of Israel’s National Bureau for Counter-Terror Financing. The letter, citing Israeli “anti-terror” law, was rejecting an appeal against a seizure order dating from Nov. 1, 2023, and…
