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.
