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The raid was connected to the September arrest of Israeli binary options executive Lee Elbaz. They connected to our computers and took the information, he said, adding that Israeli police were only there to accompany FBI agents but were not themselves handling the investigation.
Israel has been a major international center of binary options trading. In late December Yukom and its owner, Yossi Herzog, petitioned the High Court of Justice to block enforcement of a law, scheduled to take effect at the end of January, prohibiting Israeli companies from providing binary trading services to clients abroad.