Crypto
US Seizes Over Half Million Dollars in Cryptocurrency Donations for Hamas
The US Department of Justice has announced that the FBI has seized over $560,000 in cryptocurrency donations intended for Hamas. The funds were seized as part of a disruption of financing for the militant group.
The seizure is a significant blow to Hamas's financial operations, which have been increasingly reliant on cryptocurrency donations in recent years.
US Attorney Jeanine Pirro spoke about the importance of disrupting Hamas's financial networks, stating that it is crucial to 'disrupt and dismantle' their ability to raise funds.