FBI Seizes $560K in Crypto Linked to Hamas Fundraising
US authorities disrupt terrorist financing network using cryptocurrency donations.
1Major Crypto Seizure
The FBI seized over $560,000 in cryptocurrency intended for Hamas through coordinated operations between March 2025 and October 2025. Authorities targeted specific crypto addresses used by Hamas's military wing, the Al Qassam Brigades, for fundraising. The operation involved three separate seizures that collectively disrupted the terrorist group's financing network. Investigators used human sources and blockchain analysis to trace the funds through exchanges and OTC brokers.
2Infrastructure Disruption
Federal agents took control of AlQassam.ps domains and associated servers used for Hamas fundraising and recruitment. This allowed interception of ongoing cryptocurrency donations and collection of donor information. The Justice Department described these platforms as critical communication channels for the terrorist organization. Court documents revealed the operation targeted encrypted group chats directing supporters to rotating crypto addresses.
3International Cooperation
The seizures follow coordinated actions by the US, UK, and Australia against Hamas financial networks. In January 2024, the Treasury Department sanctioned several Gaza-based exchange networks and their operators. Israel previously froze Hamas-linked Binance accounts in 2023. These measures reflect growing global concern about cryptocurrency's role in terrorist financing across multiple jurisdictions.
4Donor Identification
Investigators obtained information about thousands of potential Hamas donors who contacted the organization online. The FBI used transaction records from seized infrastructure combined with exchange data to identify supporters. While blockchain transactions are pseudonymous, combining multiple data sources enabled donor tracing. This intelligence will support future counterterrorism investigations.
5Regulatory Response
Financial Crimes Enforcement Network (FinCEN) issued alerts in 2023 about Hamas fundraising patterns. Red flags included charitable organizations not providing services and money service businesses moving suspicious funds. Banks and crypto businesses were instructed to monitor for transactions matching these patterns. The Treasury Department has linked $12.7 billion in activity to suspected overseas digital asset scams.
6Previous Enforcement
In July 2025, the US announced a $2 million civil forfeiture against Tether and Binance accounts tied to Gaza-based money transfer companies. These operations allegedly moved funds for Hamas outside traditional banking channels. Prosecutors connected the accounts to Buy Cash Money and Money Transfer Company, demonstrating ongoing efforts to track terrorist financing networks.
7Fundraising Methods
Hamas employed rotating cryptocurrency addresses distributed through encrypted channels to evade detection. The group used social media to direct donors to fundraising websites while concealing transaction trails. Treasury officials noted Hamas increasingly relies on cryptocurrency alongside traditional transfer methods. This case highlights how terrorist groups adapt to financial surveillance measures.
8Security Implications
The operation demonstrates law enforcement's growing capability to trace cryptocurrency flows in terrorism cases. By combining blockchain analysis with human intelligence and exchange data, authorities can disrupt financing networks. However, the case also reveals ongoing challenges in monitoring decentralized financial systems. Future regulations may focus on enhancing transparency in crypto transactions while preserving privacy.
Original article: Bitcoin News — FBI Seizes $560K in Crypto Linked to Hamas Fundraising