The director of the department for combating financial crimes at the largest cryptocurrency exchange Binance, Nils Anderson Rod, said in an interview with the Decrypt website that his department rejected 86% of Israeli requests to block crypto wallets.
According to him, of the approximately 1,500 requests to close crypto wallets submitted by Israeli security services in connection with suspected terror financing, only 220 were granted.
Anderson Rhode said his unit conducts its own investigations into the requests it receives and consults with lawyers about definitions of illegal activity.
Let us recall that earlier the US authorities fined Binance $4.3 billion for violations of legislation in the field of combating capital laundering and the financing of terrorism. US Treasury Secretary Janet Yellen said that Binance allowed money laundering to such structures as the Iza al-Din al-Qassam Brigades (the militant wing of Hamas) and the Islamic State. Also, the services of the exchange were actively used by criminal structures involved in human trafficking, drugs, etc. A significant part of the violations is related to circumvention of anti-Iranian sanctions.
In February 2024, a civil lawsuit was filed against the exchange regarding this matter. US citizen Judith Raanan, freed from Hamas captivity, and relatives of Itay Glisko and Dr. Daniel Levy, who died on October 7, 2023, filed a lawsuit in Manhattan Federal Court against the crypto exchange Binance, claiming that it has become a platform for financing the terrorist group.