US DOJ says it seized Hamas crypto meant to finance terrorism

Authorities confiscated more than $200,000 of cryptocurrency held in at least 17 wallets, DOJ said in a statement.

The US Justice Department (DOJ) seized more than $200,000 in cryptocurrency intended to benefit the militant group Hamas, it said in a statement on March 27.

The cryptocurrency, with a total value of $201,400, was traced to fundraising addresses allegedly controlled by Hamas and used to launder more than $1.5 million in digital assets since October 2024.

The laundering occurred through a series of “virtual currency exchanges and transactions by leveraging suspected financiers and over-the-counter brokers,” the DOJ said. The funds are currently held in a combination of at least 17 wallets.

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