Terror Financing

The Corporations Authority filed a request to liquidate the Sakh'aa Abu Nidal association after hundreds of thousands of shekels were transferred to Turkey without oversight, raising terror financing concerns.

Israel's banking system is facing a major crisis regarding financial cooperation with the Palestinian Authority. Findings published by Finance Minister Bezalel Smotrich prove that the Authority's official banks serve as conduits for transferring funds to terrorists and their families.

As part of a joint operation by the US Department of Justice and the FBI, authorities managed to seize digital assets worth hundreds of thousands of dollars that were allegedly used to fund the organization's infrastructure.

Ministry of Defense and police forces confiscated property worth hundreds of thousands of shekels from those who continued to receive payments from the Palestinian Authority. Among the targets: a Hamas operative involved in planning attacks in Jerusalem in the early 2000s.

A new report reveals that Binance transferred information to Russian authorities about a user who donated crypto to Ukrainian organizations. Is this legal cooperation with law enforcement or a move that adds to a long line of questions surrounding the exchange's conduct with countries under sanctions?

Classified documents from late 2021 show how Israel, while stopping cash suitcases, approved an alternative route for Egyptian fuel. Naftali Bennett responded to the accusations, highlighting the difference in policies.

Discount and Hapoalim banks have announced they will cease providing services to the Palestinian Authority, but the state-owned company intended to replace them has not yet been established. As learned, there is significant difficulty in staffing the board of directors due to fears of legal and international exposure regarding the Palestinian banking system's alleged involvement in terror...

After Discount and Hapoalim banks announced they would stop money transfers to Palestinian banks due to fears of links to terrorism, the move is expanding to banks in neighboring countries. Foreign currency trading will continue, which may hinder oversight.

The Ministry of Diaspora Affairs and Combating Antisemitism has revealed that 20 US-based organizations, operating under the guise of human rights, have raised $250 million to fuel anti-Israel incitement.

The stalled legislation regarding clearing payments between Israeli and Palestinian banks is not an economic issue, but a strategic security one. By blocking this decision, Finance Minister Bezalel Smotrich is shifting the risks of terror financing onto Israel's private banking sector.