US Seizes $560K in Crypto Donations Meant for Hamas

The US Justice Department has announced that it has seized over $560,000 in cryptocurrency donations intended for Hamas. The funds were meant to support the militant group's military wing. In addition to seizing the cryptocurrency, the department has taken control of website domains and communication platforms used for fundraising and recruitment.

The seizure is part of a broader effort to disrupt financing for Hamas. As part of this effort, the Justice Department has obtained information about thousands of people who had contacted Hamas with a goal of giving money to the group.