Crypto community members have accused The Wall Street Journal (WSJ) of publishing misleading information about Hamas crypto-related funding. On Oct. 10, WSJ reported that Hamas had acquired approximately $90 million in cryptocurrency to finance a surprise attack against Israel. This revelation drew significant attention from prominent crypto skeptics, who swiftly used this funding to illustrate how the industry aided malicious actors. Several U.S. lawmakers, spearheaded by Senator Elizabeth Warren, cited the WSJ report in a letter addressed to the White House and the Treasury Department. Boycotting the WSJ until they retract.”Sam Lyman, the director of public policy at Bitcoin (BTC) miner Riot Platforms, pointed out that the WSJ report failed to mention that Hamas’ crypto fundraising program was a complete disaster.

Source: Wall Street Journal October 23, 2023 13:54 UTC