On March 28, the U.S. Department of Justice (DOJ) announced the seizure of approximately $200,000 in cryptocurrency as part of an effort to combat the "Hamas terrorist financing network". The Department of Justice noted that these funds were in USDT, originating from wallets associated with Hamas and its affiliated organizations. Since October 2024, these addresses have received over $1.5 million in cryptocurrency, representing an organized fundraising operation. The funds were consolidated into a primary wallet and transferred through multiple exchanges and over-the-counter traders in an attempt to obscure the money trail.
US Department of Justice seizes $200,000 in crypto assets linked to Hamas
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