US DOJ Cracks Down on Hamas' Crypto Funding!

In recent news, the US Justice Department (DOJ) seized over $200,000 in cryptocurrency intended for Hamas, a militant group. This crypto, valued at $201,400, was traced to fundraising addresses controlled by Hamas, who laundered more than $1.5 million in digital assets. The laundering involved virtual currency exchanges and over-the-counter brokers. The move follows previous US Treasury sanctions against Hamas-linked networks. While crypto's use for illicit activities remains small, this incident sparks discussions on needing more regulation.