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FBI Seizes $560K Crypto Bound for Hamas Al Qassam Brigades

By NewsOracle Editorial3 September 202604:00 GMT2 min read
Based on reporting from Decrypt
FBI Seizes $560K Crypto Bound for Hamas Al Qassam Brigades

Key Points

  • FBI seized approximately $560,000 in cryptocurrency allegedly intended for the Al Qassam Brigades, Hamas' military wing.
  • Court warrants dated March 25, June 25, and October 10, 2025 authorized seizure of Bitcoin, Ethereum, Tether, and Tron across 18 Tether-controlled addresses and three Binance accounts.
  • FBI obtained information on thousands of people who contacted Hamas about donating after taking control of domains and servers linked to AlQassam.ps.

Prior Seizures and International Coordination

This action followed a pattern of law enforcement disruption. In March 2025, a separate U.S. warrant led to the seizure of $201,400 in crypto from addresses that authorities said had received more than $1.5 million since October 2024. Israeli police froze Hamas-linked Binance accounts in 2023, with Binance subsequently freezing approximately 14 percent of more than 1,500 wallets flagged by Israel in 2024.

U.S. Attorney Jeanine Ferris Pirro cast the operation as a decisive enforcement warning. "A message to Hamas: We will stop your fundraising for terror," Pirro said. "Your networks are not secure, your crypto is vulnerable, and we will not stop until your ability to wage war is defeated."

The seizure represents an escalation in federal cryptocurrency enforcement targeting terrorist financing. The combination of asset confiscation and infrastructure takeover—simultaneously blocking funding while gathering intelligence on potential donors—demonstrates law enforcement's capacity to operate across blockchain networks and traditional web infrastructure. Unlike previous years when cryptocurrency platforms operated with minimal oversight of terrorist-linked activity, the coordinated use of three separate warrants across multiple wallet types suggests enhanced monitoring capabilities that extend beyond any single exchange or blockchain, making it increasingly difficult for designated terrorist organizations to maintain consistent fundraising operations.

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Market Outlook

Law enforcement cryptocurrency seizures targeting terrorist financing are likely to accelerate as blockchain forensics tools improve. The FBI's demonstrated ability to trace multi-currency transactions and cross-reference wallet holders suggests future enforcement actions may expand beyond Bitcoin to target lesser-known altcoins used for similar purposes. Cryptocurrency exchanges face mounting pressure to implement stricter controls.

Sources: Decrypt and other international news outlets.

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