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U.S. Justice Department Disrupts Hamas Terrorist Financing Scheme through Seizure of Cryptocurrency
(U.S. Department of Justice) The Justice Department announced the disruption of an ongoing terrorist financing scheme through the seizure of $201,400 in cryptocurrency held in wallets and accounts intended to benefit Hamas. The seized funds were traced from fundraising addresses purportedly controlled by Hamas that were used to launder more than $1.5 million in virtual currency since October 2024. "The Department of Justice is committed to dismantling Hamas using every tool at our disposal," said Sue J. Bai, head of the Justice Department's National Security Division. "These seizures show that this office will search high and low for every cent of money going to fund Hamas, wherever it is found, and in whatever form of currency," said U.S. Attorney for the District of Columbia Edward R. Martin Jr. "Hamas is responsible for the death of many U.S. and Israeli nationals, and we will stop at nothing to stop their campaign of terror and murder."