The U.S. Department of Justice announced that it seized approximately $560,000 in cryptocurrency intended for Hamas, authorized by a court action, and took control of the domain names and servers used for fundraising and recruitment.

Five publicly available affidavits indicate that three cryptocurrency seizure warrants dated March 25, June 25, and October 10, 2025, correspond to the aforementioned amount; two orders dated July 29 and August 18, 2026, target the online infrastructure. The initial action recovered approximately $201,400 from wallets associated with the Al-Qassam Brigades, which had transferred over $1.5 million since October 2024. The FBI's Albuquerque field office took control of the main site Alqassam.ps and other domain names and servers, intercepting subsequent donations and obtaining information on thousands of individuals attempting to contact donors through cryptocurrency or traditional channels. The Department of Justice stated that the assets and infrastructure were originally controlled by the organization's military wing. U.S. Attorney Jeanine Ferris Pirro stated that efforts to disrupt its fundraising network will continue.

The $560,000 is the amount seized, not the total funds of the organization. The list will enter subsequent counter-terrorism investigations, which does not equate to full prosecution. The takeover of the website cuts off this public entry point.

On-chain traceability and human intelligence were included in the same set of warrants. Compliance departments will add relevant addresses and domain names to a blacklist.

In market mechanisms, the buyer is the law enforcement agency tasked with counter-terrorism, and the seller is the seized on-chain balances and domain names. The driving force is the execution announcement of the warrants, which is an enforcement event. Funds exit circulation and enter government custody. Beneficiaries are compliance and on-chain analytics firms, while the burden falls on the increased risk of misidentification for stablecoin transfers and similarly named addresses.

Source: Public Information