Wall Street Journal corrects article misciting Hamas’ crypto terrorism funding data

” This is hardly a correction,” he added.Nic Carter, a partner at Castle Island Ventures, as well as a number of other popular individuals in crypto, are now contacting United States Senator Elizabeth Warren to retract a related letter backed by over 100 U.S. lawmakers composed to the White House on Oct. 17. The letter mentioned The WSJs misinterpreted information from Elliptic in an effort to argue that cryptocurrency postures a “nationwide security risk” to the U.S. which Congress and the Biden administration must act promptly before cryptocurrencies are utilized to finance another “disaster.” Liz Warren wyd? pic.twitter.com/e0Ew2TQzRb— nic carter (@nic__carter) October 27, 2023.

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Related: Elizabeth Warren utilizes Hamas as her newest scapegoat in war on crypto Coinbases chief legal officer Paul Grewal also kept in mind that The WSJs opening paragraph is still framed as though cryptocurrency was the main financing source behind Hamas Oct. 7 attack on Israel.2/ @WSJs lede still preserves that the funding supported Hamas attacks hinged on “One answer: cryptocurrency.” Theres no evidence of that, and WSJ knows it. pic.twitter.com/BQK80b1jMd— paulgrewal.eth (@iampaulgrewal) October 27, 2023

An earlier version of this post improperly said PIJ had sent out more than $12 million in crypto to Hezbollah given that 2021,” The WSJ said.The publication said it updated other parts of the post to include “additional context” about Elliptics research.Corrections made by The WSJs Oct. 10 post. Source: The WSJThe WSJs retraction follows an Oct. 25 statement by Elliptic, which called on The WSJ to correct its misinterpretation of the data. Elliptic included that cryptocurrency funding by Hamas stays “tiny” relative to other funding sources.On Oct. 27, Elliptic was pleased to see The WSJ acknowledge its errors but said it wouldve liked to see it be more specific about its corrections.Were delighted to see the Wall Street Journal release some corrections to their post based on our feedback.

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An earlier variation of this short article incorrectly stated PIJ had actually sent out more than $12 million in crypto to Hezbollah considering that 2021,” The WSJ said.The publication said it upgraded other parts of the short article to include “extra context” about Elliptics research.Corrections made by The WSJs Oct. 10 post. Source: The WSJThe WSJs retraction follows an Oct. 25 declaration by Elliptic, which called on The WSJ to remedy its misconception of the data. Elliptic added that cryptocurrency financing by Hamas remains “small” relative to other financing sources.On Oct. 27, Elliptic was pleased to see The WSJ acknowledge its mistakes however said it wouldve liked to see it be more specific about its corrections.Were pleased to see the Wall Street Journal issue some corrections to their short article based on our feedback.