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US Seizes More Than $560,000 in Crypto Linked to Hamas, Blocks Domains and Servers

Source
JH Kim

The U.S. Department of Justice and the Federal Bureau of Investigation have seized more than $560,000 in cryptocurrency linked to Hamas and its military wing, the Al-Qassam Brigades. Authorities also blocked digital domains and servers used to raise funds.

Crypto Briefing reported on September 1 that the assets seized by U.S. authorities were primarily Tether's USDT.

The FBI led the blockchain analysis and tracked the flow of Tether funds. That helped investigators identify wallets believed to be linked to Hamas.

U.S. authorities also blocked digital domains and servers used in the fundraising operation as part of the seizure.

#Terrorist Financing
#Crypto Regulation
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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