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US confiscates over $560,000 in cryptocurrency for Hamas

The FBI has seized more than half a million dollars in cryptocurrency donations destined for Hamas, impacting its funding sources.

2 September 2026Tagblick Newsdesk

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Archive photo: US confiscates over $560,000 in cryptocurrency for Hamas — Archive photoPhoto: Hadi Mohammad · Wikimedia Commons · CC BY 4.0

US authorities have confiscated over $560,000 in cryptocurrency donations intended for Hamas. The FBI announced that this operation was part of an effort to disrupt financing for the Palestinian militant group, with support from the US Department of Justice.

The seized funds were identified as coming from a digital network that used websites and Telegram to collect donations. This network facilitated anonymous donations to the Qassam Brigades, the military wing of Hamas, through platforms operating online.

In addition to seizing the funds, authorities monitored the platforms used for fundraising and recruitment, revealing information about thousands of donors. This operation suggests a coordinated effort to dismantle the financial support that Hamas receives through digital means.

According to the information released, the analysis of the digital platforms allowed the FBI to map the structure of the fundraising network. Authorities continue to investigate the connections and individuals involved in the fundraising process for the group.

The seizures and the investigation represent significant measures in combating terrorism financing through cryptocurrency, reflecting a growing concern over the use of digital currencies to support illicit activities.

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