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US Sanctions Two French Charities Over Alleged Hamas Crypto Financing — BigGo Finance

US Sanctions Two French Charities Over Alleged Hamas Crypto Financing — BigGo Finance

The U.S. Treasury has expanded its sanctions against Hamas-linked financing networks, designating two France-based charities and three individuals alleged to have facilitated cryptocurrency transfers connected to the militant group.

The action marks a notable departure from previous enforcement patterns, which have largely targeted exchanges, wallet providers, and other crypto platforms. By extending designations to registered nonprofit organizations operating in an allied European country, U.S. authorities are signaling that the charitable sector’s growing use of digital assets now falls squarely within the scope of counterterrorism finance enforcement.

According to CryptoSlate, investigators traced cryptocurrency transfers routed…

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