On October 2, five people were placed under formal investigation in Paris on suspicion of financing terrorism, money laundering and breach of trust. The investigation, conducted with the United States, concerns donations that were allegedly diverted to Hamas. Washington has also sanctioned two French associations and an official from the armed group. French prosecutors estimate that around $1.1 million may have passed through the network’s local channels.

The article France: Associations suspected of financing Hamas with crypto first appeared on Cointribune.