The US Department of Justice has spent years chasing terrorist money through the blockchain, and the latest chapter makes clear that Hamas’s crypto fundraising operation is significantly more persistent than the group publicly admitted.
On September 1, 2026, the DOJ and FBI announced a coordinated series of actions that seized more than $560,000 in digital assets tied to Hamas and its military wing, Al-Qassam Brigades, while also taking down digital domains and servers the group used to collect donations.
What the seizures actually looked like
The first major move came in March 2025, when investigators seized approximately $201,400 linked to a network of rotating wallet addresses. Those wallets had collectively moved over $1.5 million since late 2024, a technique designed to obscure the money trail by cycling funds through a rapid series of accounts before cashing out.
The primary token involved across multiple cases was USDT, the stablecoin issued by Tether. The FBI’s Albuquerque Field Office led the blockchain analysis work, tracing USDT flows back to Hamas-linked accounts despite the rotation strategy.
