FBI Seizes $560K in Crypto from Hamas Network
- Federal agents seized cryptocurrency assets in March, June, and October of 2025, totaling $560,000.
- The seizures targeted addresses linked to Hamas’ military wing, the Al Qassam Brigades, using shared gas wallets for transaction fees.
- Investigators employed Chainalysis Reactor software to trace cryptocurrency flows from donation wallets to operational accounts.
- Court orders directed firms like Binance and Tether to transfer or freeze assets connected to identified wallets.
- Hamas adapted its methods post-seizure by using single-use donation wallets and blockchain bridges by October 2025.
The FBI’s operation revealed a network of rotating donation addresses linked through shared gas wallets, which facilitated the tracing of funds despite changes in transaction methods. The permanent nature of blockchain records enabled agents to connect past transactions with new activities.
This investigation underscores how blockchain intelligence can convert into actionable enforcement against illicit financial networks. (Source)
