US imposes new sanctions on Hamas operatives
The Daily Guardian|October 19, 2023
The US Treasury Department on Wednesday imposed sanctions on 10 individuals associated with the Hamas terrorist group, targeting their financial activities.
US imposes new sanctions on Hamas operatives

These sanctions include six individuals connected to Hamas’s secret investment portfolio, two senior Hamas officials, and a Gaza-based virtual currency exchange called Buy Cash Money and its operator. The aim of these sanctions is to disrupt the flow of funds to Hamas, thereby reducing the group’s ability to finance its activities, including supporting fighters and purchasing weapons. Additionally, the US administration plans to build a multinational coalition to combat terrorist financing.

The announcement of the new sanctions comes as President Joe Biden is in Israel to show his support for the country in the wake of the Hamas attacks last weekend. The new sanctions target “six individuals associated with Hamas’s secret investment portfolio, two senior Hamas officials, and a Gaza-based virtual currency exchange and its operator,” according to the Treasury Department.

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