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U.S. Authorities Seize $54 Million Worth of Crypto from a Drug Ring Leader


The U.S. Attorney’s Office is aiming to recover $54 million of crypto in Ethereum from Christopher Castelluzzo, a convicted drug distributor. On Nov. 2, U.S. Attorney Philip R. Sellinger filed a civil forfeiture action. The goal is to reclaim the seized cryptocurrency. This crypto is linked...

Japanese Government Sanctions Crypto Exchange Linked to Hamas


The Japanese government has taken action to freeze the assets of nine Hamas operatives and a cryptocurrency trading company that were involved in financing the terrorist organization. This decision was reached during a cabinet meeting on the 31st October, Yonhap News reported. Governments Sanction...

US Treasury Imposes Sanctions on Crypto Exchange Linked to Hamas Financing


The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a crypto exchange in Gaza that is involved in Hamas fundraising.  The targeted exchange, known as Buy Cash, operates from Gaza and is alleged to have played a role in facilitating terror...

Israeli Authorities Order to Seize Millions in Crypto Linked to Hamas


Israeli law enforcement authorities have ordered a freeze on hundreds of cryptocurrency accounts and seized millions of dollars' worth of crypto in order to block the flow of funds to Hamas, Financial Times reported.  The crackdown primarily targets cryptocurrency accounts on Binance, the world's...

Russian Crypto Exchange Moves Money for Gaza Groups, Report


Palestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash to crypto and then withdraw fiat abroad, has been...

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