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Topic: Binance seizes assets of Palestinians at the request of Israel - page 2. (Read 283 times)

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The CEO of noonesapp, Ray Youssef alleges that Binance.com has seized the assets of all Palestinians living in Palestine.
https://cointelegraph.com/news/binance-seize-funds-palestine-israel

He cites this letter which was disclosed by Binance:



Translation:
In accordance with the authority delegated to me by the Minister of Defense, according to Section 61(a) of the Law on Combating Terrorism, 556-
2016 (hereinafter: "The Law on the Fight against Terrorism") and further to your application as a reference, I would like to inform you that your claims against
Seizure of property by virtue of an administrative seizure order (T56/23) signed by the Minister of Defense on November 1, 2023
By virtue of his authority according to the law, were examined by and rejected for the following reasons:
1. Section 56(b) of the Anti-Terrorism Law states, among other things, that the Minister of Defense may issue an order on
Temporary seizure of property of a declared terrorist organization, as well as seizure of property that was used to commit a crime
Serious terrorism or property where a serious terrorist offense was committed.
2. At the basis of the administrative seizure order (Tt56/23) is reliable intelligence information that teaches that wallets
of cryptocurrencies, including one that is registered in your name, funds have been transferred by an organization
The declared terrorism of the Dubai Exchange Company in the Gaza Strip (declared on March 7, 2022, published in the
10084 p. 2505 on 4.4.2022 (.
3. According to the anti-terrorism law, cryptographic currencies that have been transferred by a declared terrorist organization
constitute property of a declared terrorist organization and cryptocurrency wallets to which it has been transferred
Said property constitutes property that was directly used to commit a serious terrorist offense of providing a service or
Establishing measures for a terrorist organization, as defined in the Law on Combating Terrorism, and therefore in accordance with the instructions
The law allows the Minister of Defense to order their seizure by administrative order in preparation for their confiscation.
4. In light of the above, and if nothing is found in your claims to contradict the information that formed the basis of issuing an order
The seizure, I intend to recommend to the Minister of Defense to order the confiscation of the property for which the seizure order was issued,
In accordance with the authority of the Minister of Defense according to section 66(a) of the law.
5. According to the provisions of the Anti-Terrorism Law, an appeal against this decision will be submitted as a petition to the Court of Matters
administrative.

Binance CEO has denied the allegations, and claims only a select few accounts were seized.
https://cryptobriefing.com/binance-palestine-wallet-freeze-allegations/


According to the site below, Binance's customers have withdrawn nearly 50k bitcoin in the last few days.
https://www.coinglass.com/Balance

Most of the developments in this story seem to coming from social media sites, as main stream media has yet to report.
https://twitter.com/search?q=%23binance&src=typed_query
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