
The U.S. Treasury Department is conducting an investigation into approximately $165 million in cryptocurrency transactions, reported by the Wall Street Journal, that are suspected to have aided in financing Hamas prior to the militant group's attack against Israel on October 7. The investigation focuses on transactions involving U.S. institutions that may have supported Hamas's operations. This probe highlights ongoing concerns regarding the use of cryptocurrencies in funding global crime, rogue regimes, and terrorist activities.
.@Zachary reports on @USTreasury's findings on the role of crypto in funding #Hamas' operations. This is yet another example of how #crypto is helping to fund global crime, rogue regimes, and terrorists. https://t.co/stGcCkMzdI https://t.co/996EjwUgpb
UPDATE: THE U.S. TREASURY DEPARTMENT IS INVESTIGATING $165M IN CRYPTO TRANSACTIONS INVOLVING U.S. INSTITUTIONS SUSPECTED OF SUPPORTING HAMAS AHEAD OF ITS OCT. 7 ATTACKS - WSJ
U.S. Probe of Hamas use of cryptocurrency https://t.co/R0N2pGzI14




