Israeli intelligence agency Mossad to recruit Bitcoin and cryptocurrency expert

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The Mossad posted a job posting to hire a bitcoin and crypto expert with three or more years of experience in FinTech. Depending on the job requirements, anyone in this current role must understand the technologies that drive the industry. In addition, he must be an expert in e-commerce, digital currencies, fintech and DEF.

Based on the job description, the right candidate will be in charge of planning, launching, leading and coordinating all systems development activities. There has been some speculation about this sudden move by the Israel National Intelligence Agency.

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For example, a news site in the country known as Ynet wrote that the agency may be considering using crypto for payments to its agents and equipment purchases given anonymity. transactions.

Israel’s interest in crypto

The country has recently shown a lot of interest in the popularity of Bitcoin and other cryptos. This is due to the militant group Hamas, the ruling authority in the Gaza Strip, an autonomous territory in Palestine.

Despite the falls, Bitcoin continues to advance as it did a few days ago | Source: BTCUSD on TradingView.com

Many countries have classified Hamas as a terrorist movement. As such, the organization has shifted its interest in crypto for transactions. Since these activities cannot be found using cryptography, they can fundraise anonymously on many social media platforms.

With such activities underway, Israel’s intelligence services are now struggling to thwart their efforts. For example, in July Israeli Defense Minister Benny Ganz signed an “order” allowing security agencies in Israel to seize every crypto account linked to the militant wing.

The order came after the group stepped up efforts to raise funds after the Gaza Strip. Instead, the event faced eleven days of heavy fighting that left many homeless and defenseless.

Activists Raise More Bitcoin and Other Crypto Coins

In an ICD-ICT 2020 report, the amount of Bitcoin in wallets linked to Hamas and its Iranian affiliates, the al-Nasser Salah ad-Deen brigades, reached 3,370 Bitcoin. These groups have increased that amount in four years, much to the concern of security agencies in countries.

The group stepped up its fundraising efforts last year when it was severely under-resourced. According to our sources, the activists had asked Iran for financial aid but were rejected. In January 2020, ICD-ICT also reported a sudden increase in transactions made in the portfolio.

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This activity and desperation to raise funds during the fighting led to the order to seize portfolios linked to militant groups. Now that the intelligence agency is hiring a crypto expert, it could take the order to the next level.

Featured image from Pixabay and chart from TradingView.com

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