US Ministry of Justice confiscates 201,400 dollars in Tether, which are connected to Hamas-Fundraising and money laundering of over $ 1.5 million.
US Ministry of Justice confiscates 201,400 dollars in Tether, which are connected to Hamas-Fundraising and money laundering of over $ 1.5 million.
US Ministry of Justice confiscates Tether in connection with Hamas-Fundraising
The US Justice Ministry (DOJ) recently confiscated a significant sum of $ 201,400 in Tether. These funds are related to addresses used by Hamas to procure funds. According to the information available to the DOJ, more than $ 1.5 million was washed for the operations of the militant Islamist group.
The confiscation underlines the ongoing efforts of the US government to prevent the flow of financing of extremist organizations. Tether, one of the most famous stable coins, has become more important in the crypto community, but is increasingly observed by the authorities.
The use of cryptocurrencies to finance illegal activities and money laundering is a challenge for regulatory authorities. The confiscation could have far -reaching consequences for the methods of gathering money and the financial infrastructure of Hamas and similar groups.
The US Justice Ministry is committed to breaking the financial networks of such organizations in order to weaken their operations and influence. The development shows that cooperation between different authorities and international cooperation in combating terrorism financing is of the greatest importance.
Overall, this incident illustrates the growing attention that the cryptocurrencies receive from the governments worldwide and the need to take effective measures against the illegal use of these technologies.