The Wall Street Journal (WSJ) published a report claiming that the terrorist group Hamas received tens of millions in cryptocurrency donations. However, the blockchain analytical firm, Elliptic, which was cited in the report, has disputed these claims, stating that the data is inaccurate. Senator Hagerty criticized the WSJ for significantly overestimating the amount of cryptocurrency funding received by Hamas, with discrepancies of up to 99%. The report has sparked a debate in Congress about cracking down on the crypto industry, despite the questionable data. Crypto experts and figures have debunked the WSJ's claims, emphasizing the importance of accurate reporting. Elizabeth Warren was accused of using the false information in her political agenda. The incident has raised concerns about the credibility of mainstream media and the need for reliable crypto media sources.
This week, the @WSJ published very clearly fake news about crypto funding Hamas. Now, the ALL-IN crowd discusses the @WSJ purposefully publishing articles designed to push us into war with Iran. The @WSJ is not our friend. Suspect everything you read in it.… https://t.co/odOFHCxcOh
We need crypto media. This week we found out the wall street journal lied by associating crypto with terrorism. They said $90m in crypto went to Hamas. Reality: it was $450k. Peanuts. This wasn't just a normal lie, this was a political lie. Elizabeth Warren used these… https://t.co/dIcatNohQz
WSJ ran an article claiming Hamas was heavily funded with Bitcoin. The story appears to be false, with many prominent crypto people debunking it. But if Bitcoin works as intended, Hamas should be using it! If cryptocurrency isn't being used to fund terrorism, it doesn't work. https://t.co/juphqsHot6
A WSJ report into crypto funding of terror has created a groundswell in Congress to crack down on the industry, even though the data behind the claims is clearly wrong. No wonder crypto folk are sick of mainstream media coverage. Opinion @btschiller https://t.co/AUFxHjVQLT
JUST IN: 🇺🇸 Senator Hagerty criticizes the WSJ for significantly overestimating the amount of cryptocurrency funding received by Hamas, with discrepancies of up to 99% 👀 https://t.co/Keds6Ft8f9
ELIZABETH WARREN IS A LYING LIAR AND THE WSJ IS COMPLICIT Media reports had previously suggested that the terrorist group Hamas received tens of millions in donations via cryptocurrency. However, the blockchain analytical firm, Elliptic, which was cited in these reports, has… https://t.co/nfegbHU0M3 https://t.co/eQcBXEUVWR