• Mossad, Israel’s intelligence agency, is looking for a crypto expert

  • According to local media, the state intelligence agency is looking for financial technology professionals. The reason is ostensibly so that it can make anonymous payments to agents or purchase equipment using cryptocurrencies.

    On August 8, leading Israeli news outlet Ynet broke the news. According to a translation, this is the first time the institution has openly sought a cryptocurrency specialist.

    BTC to be used by Mossad?

    Mossad is in charge of intelligence gathering, covert operations, and counter-terrorism in Israel, so a move into crypto makes sense.

    The organization is looking for a technological leader in the field of fintech and digital currencies, according to the job description. The position entails leading, initiating, planning, and assisting with system development activities, and 3 years of experience in the fintech industry is required.

    Other positions sought by the agency include a business consultant for a “challenging and dynamic role.” These were not the only positions advertised by Ynet. Mossad also wants someone who can create unique mechanical means for a job that includes “planning, developing, manufacturing, implementing, writing product portfolios, training, managing product methodology, and performing mechanical integration for complex assemblies.”

    The use of cryptocurrencies for anonymous payments is precisely what most countries, particularly the United States, have been attempting to stifle.

    Bitcoin, which hit $45K again this weekend, is not the best option for this unless mixing services are used. Monero (XMR) would be a better fit because it incorporates these features into its blockchain. Naturally, the intelligence agency did not elaborate on any of this, or even on the reported interest in or potential use of cryptocurrencies.

    Hamas is the target of a cryptocurrency raid.

    On July 10, Israel’s National Bureau for Counter-Terror Financing had ordered the seizure of 84 crypto addresses suspected of being associated with the terrorist organization Hamas.

    The Islamic terrorist group used a variety of cryptocurrencies, including Tether, Bitcoin, Ethereum, Dogecoin, and others, with wallets receiving more than $7.7 million in crypto assets.

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