DOJ Seized $560K in Crypto Bound for Hamas

The Department of Justice is reporting it intercepted more than $560,000 in cryptocurrency donations intended for Hamas, and has obtained identifying information on thousands of individuals who attempted to send money to the terror group. According to the DOJ, that data will feed directly into the FBI's ongoing counterterrorism efforts, potentially exposing a wider network of Hamas financiers operating through digital currency channels. The department framed the seizure as part of a broader crackdown on terror financing networks that have increasingly turned to crypto to evade traditional banking oversight. No further details on specific suspects or charges were immediately released. The disclosure underscores growing federal scrutiny of crypto as a vehicle for funding designated terrorist organizations like Hamas.