U.S. Justice Department Seizes $201,400 in Cryptocurrency Linked to Hamas Terror Financing Scheme, $1.5M Laundered via Telegram

The U.S. Justice Department has seized $201,400 in cryptocurrency from wallets associated with Hamas, effectively disrupting an alleged terror financing scheme. Since October 2024, these wallets reportedly laundered over $1.5 million in virtual currency. The operation, which involved the use of Telegram for fundraising, was initiated by the FBI's Albuquerque office and relied on multiple confidential sources. The seizure is part of broader efforts to combat terrorist financing through digital currencies.

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