Regulation· ★★★· bearish· October 2, 23:15

US Treasury's OFAC Uncovers Multi-Year Crypto Scheme Funneling $2M to Hamas

—OFAC traced over $2 million in crypto funding to Hamas
—The scheme ran for years via crypto and sham charities
—Designations target individuals, including some based in France

Why it matters: Tighter sanctions scrutiny on crypto flows raises compliance risks for exchanges and could add to market volatility.

Source: Coinfomania

More stories in swipe mode🔥 Trending now: The exchange lost a wallet with 4,500 BTC and stayed quiet — now seven prosecutors are on the case

More on this

Regulation · Sep 29

South Korea uncovers $8.7B in crypto-based illegal forex schemes, 67% of all cases

Security · Sep 27

Beijing police uncover crypto exchange scheme involving students and 800K yuan

Security · Sep 16

Taiwan uncovers $1.9 million crypto fraud scheme with 46 victims