US Seizes $560k in Crypto Donations Meant for Hamas

The US Department of Justice 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.

The FBI identified a financing network soliciting donations via virtual currency and a confidential source alerted law enforcement to a Telegram post asking for contributions to an email address associated with Hamas.

Jeanine Pirro, US attorney for the District of Columbia, said in a video statement that 'your networks are not secure, your crypto is vulnerable, and we will not stop until your ability to wage war is defeated.'