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US Imposes Sanctions on Hamas Fundraising Network

The sanctions target key individuals and organizations accused of funneling millions to support Hamas operations.

  • The Treasury Department announced sanctions against four individuals and 11 organizations linked to Hamas fundraising efforts.
  • The actions coincide with the anniversary of the Hamas-led attack on Israel that resulted in over 1,200 deaths and numerous hostages.
  • Sanctioned entities include a Yemeni national in Turkey and an Italy-based charity accused of supporting Hamas's military wing.
  • Hamas is alleged to have raised up to $10 million monthly through sham charities exploiting the humanitarian crisis in Gaza.
  • The sanctions aim to disrupt Hamas's financial networks and hold accountable those facilitating its activities under the guise of charity.
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