U.S. Targets Hamas Crypto Operations, Seizing $200,000

The U.S. Department of Justice (DOJ) reportedly intercepted and seized approximately $200,000 in cryptocurrency linked to Hamas’ fundraising operations.According to the DOJ report today (Thursday), the operation followed months of investigation that concluded that Hamas laundered over $1.5 million in cryptocurrencies through a network of online transactions.Crypto-Fueled Fundraising ExposedHamas supporters reportedly used an encrypted communication platform to share at least 17 cryptocurrency addresses where sympathizers could donate funds. These contributions were then funneled into an operational wallet and laundered through various virtual currency exchanges with the help of suspected financiers and over-the-counter brokers. The U.S. government’s intervention cut off a major revenue stream for the organization, effectively blocking these assets from further circulation.“These seizures show that this office will search high and low for every cent of money going to fund Hamas, wherever it is found, and in whatever form of currency,” said U.S. Attorney Edward R. Martin Jr. for the District of Columbia. “Hamas is responsible for the death of many U.S. and Israeli nationals, and we will stop at nothing to stop their campaign of terror and murder.”Justice Department Disrupts Hamas Terrorist Financing Scheme Through Seizure of Cryptocurrency

Mar 27, 2025 - 20:09

U.S. Targets Hamas Crypto Operations, Seizing $200,000

The U.S. Department of Justice (DOJ) reportedly intercepted and seized approximately $200,000 in cryptocurrency linked to Hamas’ fundraising operations.

According to the DOJ report today (Thursday), the operation followed months of investigation that concluded that Hamas laundered over $1.5 million in cryptocurrencies through a network of online transactions.

Crypto-Fueled Fundraising Exposed

Hamas supporters reportedly used an encrypted communication platform to share at least 17 cryptocurrency addresses where sympathizers could donate funds. These contributions were then funneled into an operational wallet and laundered through various virtual currency exchanges with the help of suspected financiers and over-the-counter brokers.

The U.S. government’s intervention cut off a major revenue stream for the organization, effectively blocking these assets from further circulation.

“These seizures show that this office will search high and low for every cent of money going to fund Hamas, wherever it is found, and in whatever form of currency,” said U.S. Attorney Edward R. Martin Jr. for the District of Columbia. “Hamas is responsible for the death of many U.S. and Israeli nationals, and we will stop at nothing to stop their campaign of terror and murder.”

Justice Department Disrupts Hamas Terrorist Financing Scheme Through Seizure of Cryptocurrency