so just to recap
— nic carter (@nic_carter) October 25, 2023
– 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…
so just to recap- 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] archive.ph/hdcWc[2] warren.senate.gov/imo/media/doc/…[3] chainalysis.com/blog/cryptocur…
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