DOJ and FBI Seize $560,000 in Crypto, Disrupt Hamas Fundraising Network

September 1, 2026
DOJ and FBI Seize $560,000 in Crypto, Disrupt Hamas Fundraising Network
  • The Department of Justice and FBI disrupted Hamas fundraising by seizing more than $560,000 in cryptocurrency donations and taking control of related websites and communication platforms.

  • Hamas began testing virtual currency fundraising around 2019 via its Qassam Brigades, soliciting donations on Telegram and through direct online channels, aiming for contributions that could be hard to trace.

  • Investigators obtained information from thousands of individuals who had reached out to donate, as part of the operation.

  • Copyright notice: Associated Press © 2026. All rights reserved.

  • Reports indicate increased scrutiny for exchanges and wallet providers handling USDT, focusing on transactions that rotate addresses or originate from Treasury-sanctioned jurisdictions.

  • The seizures and related actions reflect a coordinated effort announced together, not a single raid carried out on a specific date.

  • The operation underscores that terrorist financing via cryptocurrency remains detectable through advanced blockchain analytics and has implications for crypto compliance and enforcement.

  • The report, released on a Tuesday, is part of ongoing efforts to disrupt online terrorist financing, as reported by the Associated Press.

  • Investigations trace roughly $560,000 in cryptocurrency across seizure warrants dated 2025, with five court-authorized actions between 2025 and 2026, including three crypto seizures and two infrastructure takedowns.

  • Earlier actions included a March 2025 seizure of about $201,400 linked to rotating wallet addresses that moved over $1.5 million since late 2024, using rapid wallet cycling with USDT as the primary token.

  • Donor instructions emphasized avoiding disclosure to exchanges, using fictitious recipient details, and frequently changing one-time-use wallet addresses, moving funds across networks to conceal origins.

  • The operation identified flows through multiple networks, including Tron and Binance Smart Chain, with disposable-style wallets used to obscure donor identities.

Summary based on 17 sources


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