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FBI Seizes $560K in Crypto Bound for Hamas, Takes Over Fundraising Sites

Created at 2 Sep · 10:50 PM1 source↑ Market-relevant
IN SHORT

The FBI seized approximately $560,000 in cryptocurrency allegedly intended for Hamas's Al Qassam Brigades. The operation also involved taking control of online infrastructure used for fundraising and obtaining information on potential donors.

Key Numbers

$560,000cryptocurrency seized by FBI
201,400USD in crypto seized in March 2025 action
1.5 millionUSD received by addresses since October 2024
14%of flagged wallets frozen by Binance in 2024 review
1,500+wallets flagged by Israel
18Tether-controlled addresses linked to financing
3Binance accounts linked to financing

Who's Involved

FBI
seized cryptocurrency and took control of fundraising infrastructure
Al Qassam Brigades
Hamas military wing allegedly receiving funds
Brett Leatherman
Assistant Director of FBI’s Cyber Division
Jeanine Ferris Pirro
U.S. Attorney
Binance
crypto exchange whose accounts were involved
FBI Seizes $560K in Crypto Bound for Hamas, Takes Over Fundraising Sites

↳ Why This Matters

This operation highlights law enforcement's increasing focus on disrupting terrorist financing through digital assets and online platforms, sending a clear message that such activities are not secure from interdiction.

Key facts

  • The FBI seized approximately $560,000 in cryptocurrency.
  • The funds were allegedly intended for Hamas's military wing, the Al Qassam Brigades.
  • The FBI took control of online domains and servers linked to Hamas's fundraising site.
  • Information on thousands of individuals who contacted Hamas about donating was obtained.
  • The seized cryptocurrencies included Bitcoin, Ethereum, Wrapped Ethereum, Tether, and Tron.

The FBI has seized approximately $560,000 in cryptocurrency that was allegedly intended for Hamas's military wing, the Al Qassam Brigades. The operation also involved taking control of online infrastructure, including domains and servers, that facilitated these fundraising efforts. According to the Justice Department, investigators utilized three warrants to trace and confiscate the digital assets.

Assistant Director of the FBI’s Cyber Division, Brett Leatherman, stated that Hamas has relied on cryptocurrency and online platforms to solicit funds globally, and the FBI will continue to intercept such illicit funds. Court filings indicate that an encrypted group chat directed supporters to AlQassam.ps, a website that used rotating wallet addresses to solicit donations. The cryptocurrencies identified in the filings include Bitcoin, Ethereum, Wrapped Ethereum, Tether, and Tron, spread across multiple Tether-controlled addresses and Binance accounts.

This action is part of ongoing efforts by authorities to disrupt Hamas-linked cryptocurrency fundraising. Previous actions include Israeli police freezing Hamas-linked Binance accounts in 2023, and a Binance review in 2024 that found it froze about 14% of over 1,500 wallets flagged by Israel. A U.S. warrant in March 2025 also led to the seizure of $201,400 in crypto from addresses that had received over $1.5 million since October 2024. Federal prosecutors emphasized that neither online networks nor cryptocurrency can shield Hamas's fundraising activities from law enforcement, with U.S. Attorney Jeanine Ferris Pirro issuing a warning that these networks are not secure and crypto is vulnerable.

Frequently asked questions

The FBI seized approximately $560,000 in cryptocurrency and took control of online domains and servers used for fundraising.

The cryptocurrency was allegedly intended for Hamas's military wing, the Al Qassam Brigades.

The seized cryptocurrencies included Bitcoin, Ethereum, Wrapped Ethereum, Tether, and Tron.

This operation demonstrates law enforcement's commitment to combating terrorist financing through digital networks and cryptocurrency, signaling that these methods are not immune to interdiction.

What Happens Next

01The FBI will continue to monitor and intercept illicit funds intended for terrorist organizations.
02Further actions may be taken against individuals and entities involved in cryptocurrency fundraising for Hamas.

How It Developed

The FBI seized approximately $560,000 in cryptocurrency.
The funds were allegedly intended for Hamas's Al Qassam Brigades.
The FBI took control of online infrastructure, including domains and servers, used for fundraising.
The FBI obtained information on thousands of individuals who contacted Hamas about donating.
The operation involved three warrants executed in March, June, and October 2025.
Court filings identified Bitcoin, Ethereum, Wrapped Ethereum, Tether, and Tron as the cryptocurrencies seized.

Sources

T1
FBI Seizes $560K in Crypto Bound for Hamas, Takes Over Fundraising SitesDecrypt

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