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FBI seizes $560,000 in crypto donations meant for Hamas

The FBI has seized more than USD 560,000 in cryptocurrency donations meant for Hamas, while the US Justice Department said it had also disrupted the group’s fundraising and recruitment network online.

India Today

Publisher

Sep 1, 2026 at 10:46 PM UTC · 2 min de leitura

FBI seizes $560,000 in crypto donations meant for Hamas
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Key Signal

>$560K Crypto donations seized

Last Updated

há 11 horas

The FBI has seized more than USD 560,000 in cryptocurrency donations meant for Hamas, while the US Justice Department said it had also disrupted the group’s fundraising and recruitment network online.

Announcing the operation on Tuesday, the department said it had taken control of website domains and communication platforms used for fundraising and recruitment, and obtained information about thousands of people who had contacted Hamas with the aim of giving money to the group.

Jeanine Pirro, the US attorney for the District of Columbia, said in a video statement, "My message to Hamas is clear: your networks are not secure, your crypto is vulnerable, and we will not stop until your ability to wage war is defeated."

According to FBI affidavits filed in connection with the seizures, Hamas began testing virtual currency fundraising in or around early 2019 through its Qassam Brigades, or military wing. The group sought donations on its Telegram channel and also used direct online fundraising. The affidavits said Hamas officials had claimed the currency would be untraceable, and that their websites gave instructions on how to make anonymous donations.

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A major investigative breakthrough came last year when FBI officials identified a financing network seeking donations to the Qassam Brigades through virtual currency. A confidential source in the United States then alerted law enforcement to a Telegram post asking for contributions to an email address linked to Hamas. Brett Leatherman, an FBI assistant director in charge of its cyber division, said the bureau would "continue to use its authorities to intercept illicit funds and prevent terrorist organisations from exploiting digital networks to finance their operations." Hamas officials could not immediately be reached for comment.

The operation involved the seizure of cryptocurrency intended for Hamas, the takeover of online platforms used for fundraising and recruitment, and the collection of information tied to thousands of potential donors, according to the Justice Department.

With PTI Inputs

Why this matters

The action combines a crypto seizure with disruption of online fundraising and recruitment infrastructure tied to a designated militant group. It suggests law enforcement can trace and interrupt crypto-based illicit-finance networks even where organizers claim donations are anonymous, potentially raising operational risk for similar networks and the platforms they use.

- Ends

Published By:

India Today Web Desk

Published On:

Sep 2, 2026 04:16 IST

#crypto#regulation

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Originally reported by India Today

NewsLayer coverage based on externally reported material.

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