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The U.S. Department of Justice has seized $200,000 in encryption assets related to Hamas.
Odaily News The U.S. Department of Justice (DOJ) announced the seizure of approximately $200,000 in crypto assets as part of efforts to combat Hamas' financing network. The DOJ noted that the funds are in USDT and originate from wallets associated with Hamas and its affiliates. Since October 2024, these addresses have received over $1.5 million in crypto assets, backed by an organized fundraising effort. The funds were consolidated into a main wallet and transferred through multiple exchanges and OTC Trading dealers in an attempt to obscure the flow of funds.