Crypto Daily™13 minutes ago

Published on March 28, 2025 13:59 GMT+00:00edited on March 28, 2025 14:04 GMT+00:00

The U.S. Department of Justice (DOJ) has announced the seizure of over $200,000 worth of cryptocurrency linked to the militant group Hamas. The funds were traced to wallets allegedly used for crypto fundraising and money laundering operations by the organization, which is designated as a terrorist entity by both the U.S. and the European Union.

Crypto Fundraising Under Scrutiny

According to the Federal Bureau of Investigation (FBI), Hamas supporters worldwide contributed more than $1.5 million in cryptocurrency since October 2024. These funds were funneled through multiple exchange accounts and wallets promoted in online group chats claiming affiliation with Hamas. Authorities believe that these donations were subsequently laundered through a series of transactions.

U.S. Attorney …