“If they go into Rafah, I’m not supplying the weapons that have been used historically to deal with Rafah,” he said during an interview with CNN. He added that he would “continue to make sure Israel is secure”.

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The official told CBS News that the paused shipment consisted of 1,800 2,000lb (907kg) bombs and 1,700 500lb bombs. 

The firm’s reorganisation plan assures that nearly all customers will recover at least the full amount lost during FTX’s collapse in November 2022.

The company argues that the law violates free speech rights for itself and its 170 million American users. It contends that the concerns put forward by the US government to justify the law are speculative.