US Justice Department seizes $200,000 in crypto from Hamas financing scheme

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According to ChainCatcher, the U.S. Department of Justice announced the disruption of an ongoing terrorism financing scheme, seizing approximately $201,400 in cryptocurrency (calculated at current value) from wallets and accounts intended to fund Hamas. The seized funds originated from Hamas fundraising addresses, reportedly controlled by Hamas, which have been used to launder over $1.5 million in virtual currency since October 2024.

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