Breaking News: US Imposes Sanctions on International Hamas Fundraising Network
In a bold move marking the first anniversary of the Gaza war, the United States has imposed sanctions on an international Hamas fundraising network. The U.S. Treasury Department has targeted three individuals, a "sham charity," and the Al-Intaj Bank in Gaza for their alleged financial support of Hamas.
Treasury Secretary Janet Yellen stated, "As we mark one year since Hamas’s brutal terrorist attack, Treasury will continue relentlessly degrading the ability of Hamas and other destabilizing Iranian proxies to finance their operations and carry out additional violent acts."
The Treasury Department's investigation revealed that Hamas has been exploiting the suffering in Gaza to solicit funds through sham charities, with potential monthly donations reaching up to $10 million. Europe, in particular, has been identified as a key source of fundraising for the group.
This latest action also targeted an Italy-based Hamas member involved in establishing a sham charity, as well as senior Hamas representatives in Germany and Austria. These individuals are accused of helping bankroll Hamas' military wing.
In summary, these sanctions aim to cripple Hamas' ability to fund its operations and carry out violent acts. By cutting off their sources of revenue, the U.S. Treasury Department is sending a clear message that terrorist activities will not be tolerated. Investors and individuals should monitor these developments as they may impact global financial markets and geopolitical stability.