IC Operations & Tradecraft — 2026-09-03

FBI Seizes Over $560K in Cryptocurrency and Hamas Fundraising Domains in Multi-Year Counterterrorism Disruption

BLUFSustained FBI penetration of Hamas's crypto fundraising, coupled with identification of thousands of prospective donors, imposes compounding costs that degrade the group's online solicitation capacity faster than it can rebuild.

The Justice Department announced on Tuesday that the FBI seized more than $560,000 in cryptocurrency donations intended for Hamas' military wing, the Al Qassam Brigades, along with the domains and servers running its main fundraising site, AlQassam.ps 12. The crypto seizures stem from three warrants dated March 25, June 25, and October 10, 2025, while two additional warrants dated July 29 and August 18, 2026 covered the infrastructure takedowns, according to affidavits released with the announcement 13. Investigators used human sources to trace a rotating set of donation addresses promoted through an encrypted-platform group chat and fundraising website, and the operation yielded information on thousands of individuals who contacted Hamas-linked platforms attempting to donate 12. The seizures recovered only a fraction of the network's total activity: one Al Qassam wallet alone took in roughly 1.57 million USDT between late October 2024 and March 2025, and affidavits put the network's total donations at more than $3 million by November 2025, with fundraising instructions still being circulated as recently as February 2026 13. US Attorney Jeanine Pirro and FBI Cyber Division Assistant Director Brett Leatherman said the bureau will continue seizing infrastructure and funds to disrupt the group's online fundraising 12.

Analysis
The three 2025 warrants and two 2026 infrastructure takedowns point to sustained multi-year FBI penetration of Hamas's crypto fundraising network rather than an opportunistic strike, with sourcing resting on a single DOJ release that outlets have amplified without independent corroboration. The parallel harvest of identifying data on thousands of prospective donors extends the operation's value well beyond the $560,000 recovered, feeding a longer prosecution and sanctions pipeline; losing AlQassam.ps and its rotating-wallet system forces Hamas to rebuild donor trust on unproven channels. Bureau officials' pledge to keep seizing infrastructure signals a standing counter-financing program, not a terminal action. The emphasis on donor data and public warnings suggests the announcement is aimed as much at deterrence and information operations as at asset recovery, given how marginal $560,000 is against Hamas's broader financing base.
5 sources
  1. Justice Department Continues to Disrupt Hamas Terrorist Financing Schemes Through Seizures of Cryptocurrency and Internet Infrastructure - U.S. Department of Justice
  2. FBI seizes over $560,000 in crypto meant to fund Hamas, disrupting a years-long fundraising network - Fortune
  3. DOJ Says Hamas Crypto Seizures Reached $560,000 as FBI Took Over Fundraising Sites - CoinDesk
  4. FBI seizes Hamas crypto funds, shuts down online fundraising platforms - The Jerusalem Post
  5. DOJ Confiscates More Than $560,000 in Crypto Donations Destined for Hamas - Legal Insurrection

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