Financial Strangulation 'Only Way' to Defeat Hamas

JERUSALEM, Israel -- With Israel and Hamas holding to a fragile ceasefire, some in Israel argue it's time to step up the economic war against the terror group.

This week in New York, the Jordan-based Arab Plc Bank is on trial for funding terrorism.

Victim's families sued the bank for violating the U.S. anti-terrorism act.

Civil trials are also pending against the Bank of China, which funneled millions of dollars to Hamas when most other banks cut off funding.

In a Jerusalem Post report entitled "Starve Hamas Economically," attorney and author Nishan Darshan-Leitner writes the following: 

"The only way of completely eradicating Hamas is through a critical blow to its financing. Operation Protective Edge must enter the economic arena."