FBI Catches Hamas Crypto Fundraising Pipeline with $560k Seizure

The US Federal Bureau of Investigation (FBI) has successfully turned Hamas' cryptocurrency fundraising pipeline into a law-enforcement trap, intercepting millions in digital assets intended for the group.

In a series of court-authorized seizures, investigators recovered more than $560,000 in digital assets tied to Hamas fundraising. The operation followed warrants issued in March, June, and October 2025 after investigators tracked rotating donation addresses distributed through encrypted chats and fundraising websites.

Tether was ordered to burn targeted USDT and reissue an equivalent amount to a US law-enforcement-controlled address, while Binance was directed to transfer specified account balances into FBI-controlled wallets. This approach allowed investigators to recover crypto after identifying where it had moved.