DOJ reports $560,000 in Hamas crypto seized

VERA Brief

AI-generated. Grounded in the article and its cited sources.

The U.S. Department of Justice reported cryptocurrency seizures linked to Hamas totaling $560,000. The FBI took control of fundraising websites and servers to intercept donations and disrupt further fundraising for the Al-Qassam Brigades.

Key facts

• The U.S. Department of Justice announced cryptocurrency seizures related to Hamas amounted to $560,000.
• FBI agents took control of domains and servers, including Alqassam.ps, to intercept donations.
• Agents seized digital assets, domains, and servers allegedly used by Hamas for donation collection and recruitment.
• These actions aim to prevent the flow of funds to designated terrorist organizations.
• The seizure highlights efforts to track and disrupt the use of cryptocurrencies for illicit financing.