US Treasury dismantles multimillion-dollar Hamas finance network with sanctions and indictments

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The US Treasury Department has announced sanctions against three individuals and two France-based charities accused of funnelling over $2 million in donations to Hamas. The action targets an alleged Gaza-based ringleader who has been indicted as part of the operation.

According to Times of Israel reporting, the Treasury describes the operation as ‘dismantling’ a significant portion of Hamas’s financial infrastructure. The sanctions represent a coordinated effort to disrupt the terror organisation’s fundraising capabilities.

This announcement aligns with concurrent reporting of charges against US brothers engaged in Hamas fundraising disguised as Gaza humanitarian aid, where investigators say donations meant for struggling families were secretly routed to the terrorist group using coded messages.

Sources: Jerusalem Post, Times of Israel, Ynet

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