Justice Department Shuts Down Huge Hamas Funding Source in Crackdown

A new Justice Department operation has shut down a cryptocurrency scheme aimed at funding Hamas. Authorities seized over $200,000 and uncovered a laundering network that raised more than $1 million for the terrorist group.

Key Facts:

  • The Justice Department seized over $200,000 in cryptocurrency meant for Hamas.
  • Hamas supporters worldwide were solicited through encrypted messaging platforms.
  • The group used at least 17 crypto addresses and laundered funds through exchanges and brokers.
  • Some accounts were registered to Palestinian nationals in Turkey and other countries.
  • U.S. officials, including the FBI and U.S. Attorney Edward R. Martin Jr., vowed continued action against Hamas’s financing networks.

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The Rest of The Story:

According to court documents, Hamas operatives used encrypted group chats to ask supporters for cryptocurrency donations.

These donations were routed through multiple virtual addresses, then funneled through a network of exchanges and brokers to conceal their origins.

In total, more than a million dollars was processed this way.

Among the assets seized were crypto wallets holding around $89,900 and three more accounts with about $111,500.

These accounts were linked to individuals in Turkey and other locations.

The Justice Department and FBI emphasized that dismantling such funding channels is vital to national security.

Hamas has long relied on foreign and deceptive fundraising.

Iran and Qatar have sent billions of dollars over the years.

Hamas also uses fake charities to mask terror funding.

One such group in Italy funneled $4 million under the guise of humanitarian aid.

Commentary:

This is a major win for American law enforcement.

Hamas has not only caused chaos in the Middle East but has also sparked unrest inside the U.S. through sympathetic protests and ideological support.

Cutting off the money is a critical step in reducing its reach and capability.

The fact that over a million dollars moved through anonymous digital channels shows just how adaptive terror networks have become.

But it also proves that the FBI and other agencies are capable of adapting too—and stopping them.

By seizing these funds, the FBI sends a clear message: there will be no safe harbor for terror financing, digital or otherwise.

Groups like Hamas count on the fog of international finance to cover their tracks.

This case shows that veil is lifting.

Moreover, the crackdown on crypto funding complements broader efforts to stop state-backed support for Hamas.

Countries like Iran and Qatar have poured money into this terrorist group for years.

Stopping individual donations strengthens the effort to squeeze larger sources as well.

This investigation is also a reminder of why transparency and regulation in cryptocurrency matter.

Law-abiding citizens need to know that these tools won’t be used to bankroll attacks against Americans and allies.

As Hamas faces rising internal resistance and the Israeli military continues its pressure campaign, choking off their cash flow is both timely and necessary.

Terrorists without funding are terrorists without power.

The Bottom Line:

The Justice Department’s crypto seizure strikes a blow to Hamas’s funding network.

By following digital money trails, U.S. law enforcement is helping dismantle terrorist operations.

Every dollar cut off is a step closer to peace and security for both Americans and allies abroad.

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