Justice Department Cracks Down on Hamas Crypto Funding Operation

The U.S. Justice Department has announced the seizure of over $560,000 in cryptocurrency donations intended for Hamas. The funds were seized as part of a disruption to the militant group's financing operations.

The FBI identified a network soliciting donations to Hamas' military wing, known as the Qassam Brigades, through virtual currency platforms such as Telegram and direct online fundraising. According to FBI affidavits, Hamas officials bragged that the currency would be untraceable and provided instructions on how to make anonymous donations.

The operation is a result of an investigative break last year when a confidential source in the United States alerted law enforcement to a Telegram post asking for contributions to an email address associated with Hamas. The FBI's cyber division, led by Brett Leatherman, will continue to use its authorities to intercept illicit funds and prevent terrorist organizations from exploiting digital networks.

U.S. Attorney Jeanine Pirro stated in a video message that 'your networks are not secure, your crypto is vulnerable, and we will not stop until your ability to wage war is defeated.' Hamas officials were unable to immediately comment on the matter.