After Hamas’s brutal surprise attack and massacre of Israeli civilians, policymakers are searching for the most effective ways to fight terrorist organizations. They can take an important lesson from something that recently happened to Hamas when it tried to use bitcoin to finance its operations. Hamas thought it could flout Western surveillance and international sanctions by embracing the world’s leading digital asset. It thought wrong, and the story is illuminating for those who mistakenly believe that bitcoin provides a safe space for criminals, money launderers and the financiers of terror. Just last week, Israeli law enforcement successfully located and froze multiple cryptocu
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