NBC News: Gaza is plagued by poverty, but Hamas has no shortage of cash. Where does it come from?
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"Although the U.S. and the European Union have designated Hamas as a terrorist organization, 'they’re not effectively cut off from the international financial system,' said Hans-Jakob Schindler, senior director of the Counter Extremism Project. 'They actually are able to invest funds in companies and in real estate.'
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Cryptocurrencies have helped the group invest its money while bypassing international financial sanctions according to a report by the Counter Extremism Project."
Date
October 25, 2023
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