U.S. Justice Department Seizes $201,400 in Cryptocurrency Linked to Hamas

The disruption of a $1.5 million laundering scheme highlights ongoing efforts to dismantle terrorist financial networks.

The U.S. Department of Justice announced the seizure of $201,400 in cryptocurrency tied to Hamas' fundraising and laundering operations.
Hamas raised and laundered over $1.5 million in virtual currency since October 2024, using at least 17 cryptocurrency addresses shared via encrypted platforms.
The seized funds included $89,900 from cryptocurrency addresses and $111,500 from accounts registered to Palestinian individuals in Turkey and other locations.
The FBI's Albuquerque Field Office, in collaboration with its Counterterrorism and Cyber Divisions, traced and seized the funds through advanced investigative techniques.
Officials emphasized that disrupting Hamas' financial networks weakens its operational capacity and reinforces the use of financial tools in counterterrorism efforts.