US Treasury Takes Action Against Hamas

US Treasury Takes Action Against Hamas

US Treasury Takes Action Against Hamas

The US Treasury Department has taken new action against Hamas, a Palestinian militant group, in an effort to disrupt its financial operations. The move comes as tensions remain high between Israel and the Palestinians.

The Treasury Department’s Office of Foreign Assets Control (OFAC) has designated ten key Hamas members, operatives, and financial facilitators in Gaza and elsewhere. The action also targets a Gaza-based virtual currency exchange and its operator, which were used by Hamas to transfer funds.

The Treasury Department said that the action is intended to \”degrade and disrupt Hamas’s ability to finance its terrorist activities.\” The department also said that the action is being taken in coordination with partners around the world.

The action comes as tensions remain high between Israel and the Palestinians. Hamas has been blamed for a series of rocket attacks against Israel in recent months, and Israel has retaliated with airstrikes.

The US Treasury Department’s action is a reminder of the United States’ commitment to combating terrorism and disrupting the financial networks of terrorist groups.