US Imposes Sanctions on Hamas Funding Network Using Charities and Cryptocurrency

In Crypto Regulations
October 06, 2026

US Imposes Sanctions on Hamas Funding Network Using Charities and Cryptocurrency

The US Treasury imposed sanctions on five members of a network that allegedly raised over $2 million for Hamas through fake charities and cryptocurrencies. Hundreds of thousands of dollars were transferred in digital assets.

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Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.