It didn't play a major role, the WSJ made it up due to bad accounting and journalism. Here is the summary: https://twitter.com/nic__carter/status/1717210060777

It didn't play a major role, the WSJ made it up due to bad accounting and journalism. Here is the summary: https://twitter.com/nic__carter/status/1717210060777009636 https://twitter.com/nic__carter/status/1717210060777009636 - WSJ journalists (Angus Berwick & Ian Talley) write a flurry of articles citing Elliptic data claiming that PIJ (Hamas affiliate) raised $93m in crypto (and cites BitOK claiming Hamas raised $41m) [1] - Sen Warren uses this article to claim that Hamas raised "over $130m" in crypto. This article is her SOLE citation in her letter. The entire letter depends on the WSJ article [2] - Over 100 member of Congress sign the letter, which asks for the Biden admin to further crack down on crypto - Chainalysis comes out with an article disputing the WSJ claims, saying that instead of $82m of terror financing, the real figure is around $450k. It's unclear which wallets they are referring to. Either way, it looks like the WSJ analysis is vastly overstated [3] - WSJ refuses to follow up or retract, instead writing more articles relying on their claims [1] https://archive.ph/hdcWc https://archive.ph/hdcWc [2] https://warren.senate.gov/imo/media/doc/2023.10.17%20Letter%20to%20Treasury%20and%20White%20House%20re%20Hamas%20crypto%20security.pdf https://warren.senate.gov/imo/media/doc/2023.10.17%20Letter%... [3] https://chainalysis.com/blog/cryptocurrency-terrorism-financing-accuracy-check/ https://chainalysis.com/blog/cryptocurrency-terrorism-financ...