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Crypto

U.S. Treasury Sanctions Financial Network Sending Funds to Hamas via Cryptocurrency and Fake Charities

2026/10/06 20:06(Updated 2026/10/06 18:01)

CoinPost

Written by L.Kikutani

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U.S. Treasury Sanctions Financial Network Sending Funds to Hamas via Cryptocurrency and Fake Charities

Sanctions on Hamas Financial Network

On the 2nd, the U.S. Treasury's Office of Foreign Assets Control announced the designation of one member of Hamas's military wing, two individuals based in France, and two related entities as sanctions targets for transferring over $2 million to Hamas using fake charities and cryptocurrency. This action is based on an executive order that establishes counter-terrorism sanctions authority, resulting in the freezing of assets within the U.S. or managed by U.S. persons, and generally prohibiting transactions with U.S. persons.

The sanctioned individual, Salim Abdallah Salim Al-Zak...

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