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US sanctions three individuals, two charities over alleged Hamas financing

Times of Palestine

US sanctions three individuals, two charities over alleged Hamas financing

Image credit: The Guardian

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The US Justice and Treasury departments imposed sanctions Friday against three individuals and two charities accused of channeling $2 million to Hamas through charitable organizations and cryptocurrency, The Guardian reported. Six people were arrested across the United States and France in connection with the alleged financing scheme.

The Trump administration designated the targets under counterterrorism authorities, freezing their assets and prohibiting American citizens and entities from conducting business with them. Officials alleged the defendants used charities and digital currency to obscure the flow of funds to the militant organization.

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