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.