US, UK, Australia Impose Sanctions on Hamas Financial Networks, Target Cryptocurrency Funding
January 22, 2024The US, UK, and Australia have imposed sanctions on entities linked to Hamas.
The sanctions aim to disrupt financial networks supporting Hamas and affiliated groups like the Palestinian Islamic Jihad.
The sanctions specifically target those using cryptocurrency for funding terrorism.
Additional sanctions have been imposed on Iraq's Fly Baghdad airline and its CEO for assisting Iran's military.
These actions follow recent attacks on Israel by Hamas.
The sanctions target financial facilitators who helped move cryptocurrency funds to Hamas.
The European Union has also imposed sanctions on individuals accused of financing Hamas.
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