FBI Seizes $560,000 in Crypto Donations for Hamas

The FBI and the Justice Department announced the seizure of more than $560,000 in cryptocurrency donations intended for Hamas, as part of a broader disruption of the militant group’s fundraising and recruitment networks. Authorities also took control of website domains and online platforms used for fundraising, and gathered information on thousands of individuals who interacted with Hamas to donate. The operation documents Hamas’ use of virtual currency since 2019 via the Qassam Brigades, including Telegram fundraising and instructions for anonymous contributions. A breakthrough occurred last year when investigators identified a financing network and a confidential U.S. source helped flag a Telegram solicitation linked to Hamas. FBI cyber division chief Brett Leatherman, along with U.S. Attorney Jeanine Pirro, emphasized that Hamas’ networks are vulnerable and pledged continued efforts to intercept illicit funds and prevent financing for its operations. Commenters from Hamas were not immediately reachable for comment as the investigation continues to unfold.