DOJ Dismantles Financial Network Behind $2M in Donations to Hamas
Treasury said the network used deceptive charities and cryptocurrency to move more than $2 million to Hamas, and French authorities arrested three suspects.
- On Friday, the United States issued additional sanctions targeting Hamas' financial network, including a member of the Palestinian militant group's military wing and two France-based fundraisers, the Treasury Department said.
- Saleem Alzaq, a battalion deputy in Hamas' military wing based in Gaza, allegedly operated a global fundraising pipeline that moved more than $2 million to Hamas through deceptive charitable fronts and cryptocurrency channels.
- Federal authorities arrested brothers Abdel Adhami and Omar Adhami in Louisiana, along with Raed Yousef in Florida, for allegedly funneling thousands of dollars to Hamas under the guise of charitable relief.
- Overseas, French authorities arrested three of Alzaq's associates—Faouzi Barika, Amel Oualid, and Nordine Barika—for their roles in moving funds, marking a coordinated international disruption of the financing ring.
- Attorney General Todd Blanche stated that "anyone who finances or assists terrorist organizations" should expect prosecution, emphasizing the Department of Justice's commitment to cutting off funding for groups responsible for American deaths.
107 Articles
107 Articles
La Dépêche du Midi
cedarnews.netTwo members of the "Baraka" association and the president of "Ensemble C Better" were arrested on Tuesday 29 September. The US Treasury (OFAC, in charge of sanctions) and the US Department of Justice warned...
The Terrorist Threat Has Changed. Our Strategy Must Change With It.
On October 2, the U.S. Treasury announced action against what it described as a sophisticated, multi-year Hamas financing network that used purported humanitarian charities and cryptocurrency to transfer more than $2 million to Hamas. ... It demonstrates
Hamas Finance Network Faces U.S. Action Over $2 Million
U.S. authorities announced charges, arrests and sanctions over an alleged Hamas financing network. Treasury alleges more than $2 million was collected, while prosecutors describe a separately defined criminal case.
US Targets Major Hamas Financing Network With Sanctions
Fighters from the Palestinian terrorist group Hamas secure an area before handing over an Israeli-American hostage to a Red Cross team in Gaza City on Feb. 1, 2025, as part of the fourth hostage-prisoner exchange. (Saeed Jaras/Middle East Images/AFP via Getty Images)
Treasury Department Dismantles Hamas' Funding Network
The U.S. Treasury has taken decisive action against Hamas by designating key figures and entities that support its military operations. This move targets both domestic and international financial backers.
Coverage Details
Bias Distribution
- 48% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
