US authorities have imposed sanctions on 10 Hamas-linked individuals and entities in an effort to crack down on sources of funding supporting the Palestinian militant group amid the escalating conflict with Israel.
The US Treasury on Wednesday placed sanctions on six Hamas members managing assets in a secret investment portfolio. Actions were also taken against two senior Hamas officials — one of the group’s commanders, as well as a Qatar-based “financial facilitator with close ties to the Iranian regime”.
The department also imposed sanctions on Buy Cash, a Gaza-based virtual currency exchange, as well as its operator. The platform, which could not be reached for comment, offers money transfer and crypto services including bitcoin.
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