stable coins
By Bruce Buterin
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AlQassam.ps Domains Taken Down. The operation didn't stop at the money. Agents went after the infrastructure itself — domains and…
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Thousands of Contacts Identified, Details Murky. The Department of Justice said the investigation generated data on thousands of individuals who…
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The FBI moved hard against Hamas' digital fundraising machine. A court-authorized operation pulled over $560,000 in cryptocurrency from accounts tied to the group, with the U.S.
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The money didn't disappear in one sweep. Warrants went out in 2025, with enforcement actions in March, June, and October.
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And that's where the operation shifted gears. Early stages were about tracing funds after they moved.
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The Department of Justice said the investigation generated data on thousands of individuals who reached out to Hamas online — people who tried to donate via crypto or through…
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What's not murky is the tactical picture. Blockchain tracing identified where funds moved. Court orders forced centralized platforms to act. Domain seizures cut off communications.
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See also: Thai Businessmen Challenge Tether Over $42.4M USDT Freeze Without Warrant
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The crypto angle matters here beyond the headline number. Terrorist financing through digital assets has been a persistent concern for regulators and law enforcement for years.
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There's also the question of what comes next with the seized data. The DOJ hasn't said much.
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The Albuquerque Field Office's role is a bit of an odd detail that didn't get much attention. Field offices don't usually lead operations this geopolitically charged.
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Related: Belgium Targets Offshore Piracy with Seizure of Crypto Wallets in Major Operation
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What's clear is that the FBI treated this less like a financial crimes case and more like an infrastructure takedown.
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The DOJ said the investigation is ongoing. Infrastructure is now under law enforcement control, and the $560,000 in digital assets sits in FBI wallets.
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