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FBI seizes over $560,000 in crypto meant to fund Hamas, disrupting a years-long fundraising network

Reported by Fortune
Sep 1, 2026· 2 min read
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Key Takeaways
  • • The FBI and Department of Justice seized more than $560,000 in cryptocurrency donations intended for Hamas, disrupting an ongoing terrorist financing scheme connected to Hamas's military wing, the Al Qassam Brigades.
  • • Court-authorized seizures enabled law enforcement to take control of websites, servers, and cryptocurrency addresses that Hamas used to solicit funds and coordinate recruitment activities.
  • • The operation, led by FBI Albuquerque, targeted the infrastructure and digital platforms Hamas deployed for both fundraising and supporter recruitment, representing a coordinated dismantling of the organization's cryptocurrency-based financial network.
  • • The seizure demonstrates law enforcement's expanding capability to track and intercept digital asset flows used for terrorist financing, a significant enforcement priority for the Justice Department.
Summary
The FBI and Department of Justice announced on September 1, 2026, the disruption of a years-long Hamas fundraising and recruitment scheme, executing court-authorized seizures that resulted in the confiscation of more than $560,000 in cryptocurrency donations intended to support terrorist operations. The seized funds were earmarked for Hamas's military wing, the Al Qassam Brigades, according to Justice Department statements.

In addition to the cryptocurrency seizure, law enforcement took control of the digital infrastructure Hamas had established to facilitate both fundraising and recruitment. This included websites and servers that the terrorist organization had leveraged to solicit donations and coordinate organizational activities. The operation was led by the FBI's Albuquerque office, which coordinated with the Justice Department to execute the coordinated enforcement action.

The seizure underscores an ongoing regulatory and law enforcement focus on cryptocurrency's use in terrorist financing schemes. Hamas had reportedly solicited cryptocurrency donations as part of a broader strategy to obscure financial flows and evade traditional sanctions monitoring. By targeting the cryptocurrency addresses and digital platforms directly, federal authorities were able to interrupt both the immediate flow of funds and the communication infrastructure supporting the organization's operations.

This enforcement action represents part of a broader Justice Department initiative to disrupt terrorist financing networks operating through digital channels, reflecting law enforcement's capability to identify and seize digital assets despite the pseudonymous nature of cryptocurrency transactions.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Fortune FBI seizes over $560,000 in crypto meant to fund Hamas, disrupting a years-long fundraising network