US Justice Department Seizes$ 201K of e-mails destined for Hamas

The U.S. Department of Justice announced on Thursday that it had seized$ 201 400 worth of bitcoin intended for Hamas, a Palestinian militant group. &nbsp,

Authorities took control of a cryptocurrency wallet with the addresses of$ 89,900 and three accounts with digital assets worth$ 111,500, according to a statement from the Justice Department on Thursday. Since October 2024, the bag names have been used to dirty more than$ 1.5 million in electronic currencies for Hamas.

U.S. Attorney Edward R. Martin Jr. for the District of Columbia said on Thursday in the speech that” these convulsions show that this company will search high and low for every share of income going to go to Hamas, wherever it is found, and in whatever form of currency.” &nbsp,

Scammers and militant groups have abused privacy-focused bitcoin technologies and cryptocurrencies since the beginning of the 2010s to dirty their illegal gains and finance their operations. However, over the past few years, U.S. authorities have stepped up their crackdown on the activity, which has stifled bad actors ‘ attempts to perform undetected. &nbsp,

A group discussion with reported Hamas sympathizers reportedly allowed Hamas followers to exchange cryptocurrencies with at least 17 pocket addresses using an encrypted communication system, according to the DOJ. Through a number of bitcoin markets, financial institutions and over-the-counter broker laundered the money. &nbsp,

Which bitcoin markets were allegedly involved in the reported money laundering, at this time? &nbsp, &nbsp,

request for comment on the matter was no instantly responded to by the Justice Department. &nbsp,

The most recent research was supported by the FBI Albuquerque area business. &nbsp,

One of the many resources the FBI uses in the fight against terrorism is the FBI’s Counterterrorism Division, Assistant Director David J. Scott, said. &nbsp,

Not just the DOJ is cracking down on efforts to raise money for Hamas and another violent organizations. According to Reuters reports, Jewish counter-terrorist authorities seized lots of online property transactions with suspected links to Hamas and two with alleged links to Daesh, also known as ISIS, between 2021 and 2023, citing people with knowledge of the situation. &nbsp, &nbsp,