US announces sanctions against group of 10 Hamas members and financial network over Israel attack

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US announces sanctions against group of 10 Hamas members and financial network over Israel attack
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The U.S. announced sanctions on Wednesday against a group of 10 Hamas members and the Palestinian militant organization's financial network across Gaza, Sudan,…

Targeted for sanctions by the Treasury Department's Office of Foreign Assets Control are members who manage a Hamas investment portfolio, a Qatar-based financial facilitator with close ties to the Iranian regime, a key Hamas commander and a Gaza-based virtual currency exchange. Iran is Hamas' main sponsor.

“The U.S. Treasury has a long history of effectively disrupting terror finance and we will not hesitate to use our tools against Hamas," she said in an emailed statement.Treasury Deputy Secretary Wally Adeyemo told reporters on Wednesday that Treasury officials will be traveling to the region in the coming days to further their sanctions work.

“We cannot, and we will not, tolerate money flowing through the international system for Hamas’ terrorist activity,” Nelson said.

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