News

U.S. Seizes $201,400 in Crypto Allegedly Tied to Hamas

The U.S. Department of Justice announced on Thursday that it has seized $201,400 in cryptocurrency funds suspected of being intended for the Hamas group. According to authorities, the funds were held in Tether (USDT) and were traced to addresses used to launder over $1.5 million in virtual currency since October 2024.

The investigation identified a group allegedly affiliated with Hamas that provided donors with rotating cryptocurrency addresses for fundraising. These contributions were transferred to a central wallet and later laundered through cryptocurrency exchange platforms and OTC brokers.

Authorities stated that this action is part of a broader initiative to combat the financing of organizations designated as terrorist groups by the U.S. The seizure of these funds marks a significant step in efforts to prevent the use of cryptocurrencies for illicit activities.

Read next

OpenSea cere SEC clarificari privind reglementarea pietelor NFT

OpenSea cere SEC clarificari privind reglementarea pietelor NFT

OpenSea, una dintre cele mai mari platforme pentru tranzactionarea tokenurilor nefungibile (NFT), a transmis o solicitare oficiala catre Comisia pentru Bursa si Valori Mobiliare a Statelor Unite (SEC), cerand ca pietele de NFT sa fie excluse de la reglementarile prevazute de legislatia valorilor mobiliare. Scrisoarea a fost adresata pe 9

OpenSea Asks SEC for Clarification on NFT Regulation

OpenSea Asks SEC for Clarification on NFT Regulation

OpenSea, one of the largest non-fungible token (NFT) marketplaces, has formally submitted a request to the U.S. Securities and Exchange Commission (SEC) to exempt NFT platforms from federal securities regulations. The letter was addressed on April 9 to Commissioner Hester Peirce, who heads the SEC’s Crypto Task Force.

China Sells Seized Bitcoin Through Private Firms, Dodging Crypto Ban

China Sells Seized Bitcoin Through Private Firms, Dodging Crypto Ban

Local governments in China are turning to private companies to sell confiscated cryptocurrencies, bypassing the country’s ban on digital asset trading. This practice arises amid a legislative void that lacks clear guidelines for managing seized crypto assets, leading to non-transparent and risky approaches. According to Reuters, local authorities sold