US DOJ says it seized Hamas crypto meant to finance terrorism

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 source: https://cointelegraph.com/news/us-doj-seizes-201-k-of-hamas-terrorist-crypto-financing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound