Justice Department Seizes More than $560,000 in Cryptocurrency Donations for Hamas
- On Tuesday, the Justice Department announced the FBI seized more than $560,000 in cryptocurrency donations intended for Hamas, disrupting the militant group's financing operations.
- Hamas began testing virtual currency fundraising in 2019 through its Qassam Brigades, soliciting donations on Telegram while bragging that the currency would remain untraceable.
- FBI Assistant Director Brett Leatherman and agents from the Albuquerque Field Office seized website domains and communication platforms, dismantling infrastructure used to recruit supporters and solicit funds.
- Attorney Jeanine Pirro warned Hamas that its networks are vulnerable and its ability to wage war is under attack, as the operation identified thousands of potential donors.
- Assistant Attorney General John Eisenberg stated the seizures deprive Hamas of resources used to finance attacks, including the group's actions on October 7, 2023, and to radicalize individuals online.
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According to the U.S. Department of Justice, more than $500 million was seized in cryptocurrencies donations, and "thousands of people" were also reported to have donated to the extremist group.
The United States has cut off the Hamas funding channel through cryptocurrency assets, AP reported
The United States has cut off the Hamas funding channel through cryptocurrency assets, AP reported.According to the FBI, Hamas launched a donation collection scheme in 2019. We are talking about several online platforms. Law enforcement officers...
US FBI seizes over USD 560K in cryptocurrency donation for Hamas
The FBI has seized more than USD 560,000 in cryptocurrency donations intended for Hamas, the Justice Department said Tuesday in announcing a disruption of financing for the militant group. In addition to seizing cryptocurrency meant to support Hamas’ military wing, the department said that it had taken control of website domains and communication platforms used … Get the latest updates in Hyderabad City News, Technology, Entertainment, Sports, P…
Clarin
Independent EspañolThe FBI confiscated more than half a million dollars in cryptocurrencies for a militia group, affecting its funding.The operation also included controlling platforms used to raise funds and recruit, revealing data from thousands of donors.
FBI Seizes $560,000 in Hamas Crypto Donations and Dismantles Online Fundraising Network
U.S. authorities seized over $560,000 in cryptocurrency donations bound for Hamas and dismantled the group's online fundraising and recruitment platforms. The operation exposed persistent use of rotating wallets and encrypted channels despite earlier claims of abandoning crypto. Officials obtained identities of thousands of would-be donors.
Sapo
SIC NotíciasAccording to the US authorities, Hamas began testing the collection of funds with virtual currency in early 2019, through its Qassam Brigades, or military arm, and requesting donations on its Telegram channel, as well as using direct online collection.
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