The first warning of such a crypto scam came from the Greek maritime risk management company MARISKS on April 20, according to Reuters. The company alerted shipowners that scammers posing as Iranian authorities had sent messages to shipping companies asking for 'transit fee' payments in bitcoin or tether.
The first attempts to send a humanitarian maritime flotilla during the genocide emerged in the spring of 2024, when an international civil coalition announced it was sending ships loaded with aid toward Gaza in an attempt to break Israel's naval blockade.
Because Yemen imports nearly 90 percent of its food and other essential commodities, economists and humanitarian organisations warn that the rise in shipping and insurance costs could quickly translate into higher prices for fuel, food and other goods, further worsening an already dire humanitarian situation.