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On March 27, 2025, the U.S. Department of Justice (DOJ) announced a significant blow to Hamas's terrorist financing scheme. This was based on the seizure of approximately $200,000 worth of USDT that was being used as funding for the group's activities. The operation was led by the Federal Bureau of Investigation (FBI) - specifically the Albuquerque field office - and targeted multiple cryptocurrency addresses, including at least 17 addresses shared among Hamas supporters through encrypted group chats. Despite Hamas announcing a halt to cryptocurrency-related fundraising activities in April 2023, they recently engaged in such actions. However, according to the DOJ's affidavit, their campaign continued at least until October 2024. "Counterterrorism remains the FBI's top priority. By successfully blocking access to these funds, we have weakened their operational capabilities," said the special agent from the Albuquerque field office. "This success demonstrates that financial warfare is a crucial element of counterterrorism. We will continue to work tirelessly to protect American citizens and pursue justice by depriving terrorist organizations of the resources needed to continue their illicit activities." This blog will reveal the operation's details, examine the role of cryptocurrencies in facilitating terrorist financing, and explore the broader implications for future counterterrorism efforts. [The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating to English.]US Department of Justice and FBI Seize Crypto Assets in Hamas Terror Financing Scheme
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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