• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted
TRON Bitcoin BTC BTCUSDT

Israel Intensifies Scrutiny Of TRON Transactions Amid Ongoing Militant Financing Battle

Reynaldo Marquez
by Reynaldo Marquez
1 year ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A report from news outlet Reuters indicates increasing oversight by Israeli authorities on transactions on TRON. The report comes amid backlash from the crypto community due to mainstream media outlets trying to link crypto to illegal activity.

Related Reading: Ripple CEO Says ‘I’m In Disbelief’, Here’s Why
Bitcoin BTC BTCUSDT
BTC’s price trends to the upside on the daily chart. Source: BTCUSDT on Tradingview

Israel Intensifies Crackdown On TRON Wallets Linked to Militant Funding

According to Reuters, TRON is becoming a “key player” in the financing of Iran-backed militant groups, from Hamas to Hezbollah. Israel’s battle against funding sources takes a new turn, as per Reuters, after consulting with financial crime and blockchain experts and basing their investigation on data provided by Israel’s National Bureau for Counter Terror Financing (NBCTF).

TRON’s appeal over Bitcoin lies in its faster transaction speeds, lower costs, and greater stability, making it the preferred platform for transactions linked to groups classified as terrorist organizations by Israel, the report claimed. An analysis of crypto seizures by Israeli security services since 2021 reveals a notable increase in targeting TRON wallets, signaling a pivot from Bitcoin.

According to the New York-based blockchain analysis firm Merkle Science, there’s a clear shift in preference towards TRON among these organizations. The firm’s CEO, Mriganka Pattnaik, notes this change to TRON’s advantageous transaction attributes.

TRON Founder Responds To Accusations

The Reuters report confirmed that Merkle Science’s clientele includes law enforcement agencies in the U.S., Britain, and Singapore. Justin Sun, Founder of the TRON blockchain, replied to the accusations against the network. Via his official X handle, Sun stated:

TRON is a decentralized protocol, similar to Bitcoin and Ethereum, with nodes operating worldwide. Global super representatives are responsible for running this protocol. While we are committed to combating terrorist financing by integrating various analysis projects and partners, our top priority remains maintaining decentralization, ensuring the safety of everyone’s assets, and providing instant, affordable, and reliable transactions, as has always been the case. I extend great appreciation to everyone in our industry who is contributing to the widespread adoption of cryptocurrency.

From July 2021 to October 2023, the NBCTF froze 143 Tron wallets connected to “designated terrorist organizations” or involved in “severe terror crimes.” This trend was evident in the recent attacks by Hamas on Israel and the ensuing financial scrutiny of the group’s funding sources, the report claims.

TRON’s spokesperson, Hayward Wong, responded to the allegations, stating that while all technologies could theoretically be misused, TRON does not control or affiliate with the groups identified by Israel. Notably, a significant portion of Israel’s TRON seizures occurred in 2023, including wallets reportedly owned by Lebanon’s Hezbollah and Palestinian Islamic Jihad.

In addition to the backlash from the crypto community demanding mainstream media outlets provide more data to support their accusation against the industry, there has been an evident decline in donations sent to Hamas and other terrorist groups using cryptocurrency.

Related Reading: The Biggest Hurdles Faced By Ex-Binance CEO And His Legal Team

As seen in the chart below, crypto has become increasingly useless to criminal groups. Especially since Hamas asked donors to avoid Bitcoin due to its transparency.

Bitcoin Hamas BTC BTCUSDT
Number of Bitcoin donations declining since 2022. Source: Elliptic

Cover image from Unsplash, chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Reynaldo Marquez

Reynaldo Marquez

Follow

As an editor at NewsBTC, Reynaldo is an experienced journalist passionate about all things crypto. Reynaldo has interviewed key industry leaders, and created unique pieces analyzing the promise of crypto as the next frontier for an economic and social transformation of humanity. Since 2018, he has been at the forefront of the industry, closely following every major development and analyzing critical events at the heart of the crypto industry. With a keen eye for detail and an unwavering commitment to excellence, Reynaldo has been instrumental in bringing the latest news and insights to the crypto community. Outside of work, Reynaldo enjoys lifting weights and literature, which he believes gives him a unique perspective into the world of crypto. As an aspiring trader, he is always looking for new opportunities to explore and believes that crypto holds the key to unlocking the future of finance.

Full Profile

Related Posts

BingX Launches WLFI Listing Carnival with 900K Token Reward Bonanza

BingX Launches WLFI Listing Carnival with 900K Token Reward Bonanza

10 hours ago
MemeCore Explodes 244% In Weekly Gains, Sparks Hunt for Next 1000x Altcoins

MemeCore Explodes 244% In Weekly Gains, Sparks Hunt for Next 1000x Altcoins

9 hours ago
$HYPER Predicted to Jump 2390% Viral Presale Nears $14M

$HYPER Predicted to Jump 2390% Viral Presale Nears $14M

13 hours ago
Best Cryptos to Buy as ChatGPT Predicts $400 Solana By Year's End

Best Cryptos to Buy as ChatGPT Predicts $400 Solana By Year’s End

13 hours ago
crypto news

Global Crypto Adoption 2025: Chainalysis Reveals Which Countries Are Winning

15 hours ago
Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (September 4)

Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (September 4)

11 hours ago

Premium Sponsors

Press Releases

  • miner

    ADA’s path to long-term success: Integrating with...

    6 hours ago
  • Bitget and Bitget Wallet Support Trading of Over 100...

    8 hours ago
  • miner

    XRP Price From a High of $3.65 to a Low of $2.72: How GMO...

    11 hours ago
  • miner

    7 Trending Crypto Mining Apps This Year That Give Free...

    13 hours ago
  • mining

    6 Most Reliable Crypto Mining Software to Help Miners...

    14 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.