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KAST stories

Sep 16, 2026

Hamas military wing told donors to avoid Binance, use alternative crypto platforms

Hamas' military wing Al Qassam Brigades advised potential donors to avoid using Binance for cryptocurrency transfers and instead use platforms including Bybit, OKX, Kast, and Redotpay, according to U.S. Department of Justice documents released in September 2026.

Sep 16, 2026·2 sources
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Sep 1, 2026

Kast launches stablecoin business platform after raising $80M Series A

Stablecoin payments company Kast has launched a new business-focused platform combining accounts, payment cards, and other services after closing an $80 million Series A funding round. The company, founded by former Circle executive Raagulan Pathy, aims to onboard between 1,000 and 5,000 active businesses by the end of 2026.

Sep 1, 2026·2 sources
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Kast launches stablecoin business platform after raising $80M Series A

Stablecoin payments company Kast has launched a new business-focused platform combining accounts, payment cards, and other services after closing an $80 million Series A funding round. The company, founded by former Circle executive Raagulan Pathy, aims to onboard between 1,000 and 5,000 active businesses by the end of 2026.

Sep 1, 2026·2 sources
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Jul 7, 2026

KAST faces controversy after EtherFi CEO calls out platform over Terms of Service

EtherFi co-founder and CEO Mike Silagadze publicly criticized KAST, calling the platform a 'Kasthole scammer' in a viral post that sparked scrutiny of KAST's Terms of Service provisions.

Jul 7, 2026·1 source
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Top claims

  • ▪The Al-Qassam Brigades recommended alternative applications including Trust Wallet, Bybit, OKX, Kast, and RedotPay for transferring funds to an external TRON blockchain wallet.
  • ▪The Al-Qassam Brigades, the military wing of Hamas, advised potential donors to avoid using Binance for crypto transfers and instead consider alternative platforms, according to a U.S. Department of Justice asset-seizure warrant.
  • ▪The U.S. Treasury Department stated in its 2026 terrorist financing risk assessment that groups including Hamas and ISIS continue to use cryptocurrency for some donations, though traditional financial services remain their preferred method.

Topics

Crypto privacy & surveillanceCrypto exchangesCrypto regulationCrypto Sanctions ComplianceAnti-money laundering (AML)Terrorism & counterterrorismStablecoinsAI startupsFintechCrypto payments regulationLiquid stakingDeFi