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Home›Crypto›Regulation›Treasury crackdown links crypto payments to Hamas fund…

Treasury crackdown links crypto payments to Hamas fundraising network

The Treasury said the network raised more than $2.0 million via purported humanitarian charities, including hundreds of thousands of dollars sent in crypto.

CoinDesk reports that the U.S. Treasury Department said a Hamas fundraising network raised more than $2.0 million through purported humanitarian charities.

According to the report, the Treasury said the scheme included hundreds of thousands of dollars sent in cryptocurrency as part of its fundraising activity.

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