Regulation & Policy

FBI Seizes $560,000 in Crypto Tied to Hamas, Takes Over Fundraising Sites

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FBI Seizes $560,000 in Crypto Tied to Hamas, Takes Over Fundraising Sites

Roughly $560,000 in cryptocurrency linked to Hamas’s military wing is now in federal hands. The FBI also seized the online infrastructure the group allegedly used to solicit donations, the Justice Department announced Tuesday.

Three seizure warrants carried out the confiscation, dated March 25, June 25, and October 10, 2025. Court filings name the assets: bitcoin, ethereum, wrapped ethereum, tether, and tron. They were held across 18 tether-controlled addresses and three Binance accounts allegedly connected to financing a foreign terrorist organization. The DOJ’s public announcement stopped short of naming the specific cryptocurrencies.

Behind the seizures, investigators uncovered an encrypted group chat that pointed supporters to AlQassam.ps, a domain the FBI says the Al-Qassam Brigades operated. Rotating wallet addresses on the site collected donations. Once agents took control of the site’s domains and servers, they could intercept incoming transfers and pull information on thousands of people who reached out to Hamas about contributing.

“Hamas relied on cryptocurrency and online platforms to solicit funds from donors around the world,” Assistant Director of the FBI’s Cyber Division Brett Leatherman said in a statement. “The FBI will continue to use its authorities to intercept illicit funds and prevent terrorist organizations from exploiting digital networks to finance their operations.”

U.S. Attorney Jeanine Ferris Pirro put it more bluntly. “A message to Hamas: We will stop your fundraising for terror,” she said. “Your networks are not secure, your crypto is vulnerable, and we will not stop until your ability to wage war is defeated.”

This is not the first time U.S. authorities have moved against Hamas-linked crypto wallets. A March 2025 warrant pulled in $201,400 from addresses that, according to authorities, had received more than $1.5 million since October 2024. Israeli police froze Hamas-linked Binance accounts in 2023. A separate Binance review the following year found it had frozen about 14% of more than 1,500 wallets flagged by Israel.

Two questions remain open. How the $560,000 breaks down across the named assets. And whether the “thousands” who contacted the fundraising site will face charges. The filings answer neither.

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Theo Okafor

Theo Okafor reports on crypto policy and protocol governance for NFT Signals, following legislation through Congress and core development through the upgrade process.