US expands Hamas sanctions after tracing crypto transfers from France
Summary
OFAC sanctioned two French charities and three individuals over alleged fundraising for Hamas. Treasury says two France-based fundraisers sent hundreds of thousands of dollars in cryptocurrency to a Gaza-based Hamas military commander; the wider network allegedly collected more than $2 million between 2020 and 2026, not all of it in crypto. US-regulated crypto firms must block and report property belonging to designated parties, including assets held by entities they own at least 50%. Foreign intermediaries may also face secondary-sanctions exposure for knowingly facilitating significant transactions. The designations do not impose a blanket freeze on all related blockchain activity.
