CryptoUS government seizes crypto tied to Hamas terrorist financing

US government seizes crypto tied to Hamas terrorist financing

-



The U.S. Department of Justice has seized approximately $201,400 in cryptocurrency linked to Hamas.

This seizure was part of a terrorist financing operation that laundered over $1.5 million in virtual currency since October 2024, according to the DOJ.

According to court documents, Hamas supporters used an encrypted platform to distribute at least 17 cryptocurrency addresses for donations. The funds were laundered through exchanges and brokers before being funneled into operational wallets.

The seizure targeted assets held in accounts registered to Palestinian individuals in Turkey and other locations.

“Hamas is responsible for the deaths of many U.S. and Israeli nationals, and we will use every legal tool at our disposal to stop their campaign of terror and murder,” said U.S. Attorney Edward R. Martin, Jr.

FBI Special Agent Raul Bujanda called the seizure a crucial step in disrupting Hamas’ financial network, emphasizing that cutting off funding weakens the group’s operational capabilities.

The operation was led by the FBI’s Albuquerque Field Office, working with the Counterterrorism and Cyber Divisions. Prosecutors from the DOJ’s National Security Division are handling the case.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

$188B AuM After $1B Weekly Inflows

Last week, digital asset investment products saw $1.04 billion in inflows. The figure marks twelve straight weeks of...

MicroStrategy bought BTC at nearly the worst possible price last week

Looking at a chart of BTC when MicroStrategy was buying last week, skeptics think Michael Saylor paid nearly...

Murano Global Ignites Strategic Bitcoin Stack Backed by Real Estate Capital

Murano Global is reshaping its capital strategy with a powerful bitcoin treasury push, monetizing real estate assets to...

Advertisement

Calamos unveils ‘Protected Bitcoin’ strategy for institutional investors

Investment firm Calamos has unveiled a...

Ripple CTO Makes Major Revelations: Early XRP Entry, Mined Bitcoins — Here’s The Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple’s Chief Technology Officer, David Schwartz,...

Must read

$188B AuM After $1B Weekly Inflows

Last week, digital asset investment products saw $1.04...

MicroStrategy bought BTC at nearly the worst possible price last week

Looking at a chart of BTC when MicroStrategy...

You might also likeRELATED
Recommended to you