No specific crypto addresses were listed in the sanctions, which included members of the Shamlakh family and the Herzallah Exchange.
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced new sanctions against “networks and facilitators” of crypto transactions linked to the Palestinian militant group Hamas.
In a Jan. 22 announcement, OFAC said it was imposing a fifth round of sanctions against Hamas following the group’s Oct. 7 attacks on Israel. The Treasury said it’s targeting financial facilitators that “played key roles” in moving crypto funds to Hamas, a concurrent action with authorities in the United Kingdom and Australia.
“Hamas has sought to leverage a variety of financial transfer mechanisms, including the exploitation of cryptocurrency, to channel funds to support the group’s terrorist activities,” said Brian Nelson, under secretary of the Treasury for Terrorism and Financial Intelligence.
