Live Update arrow right icon From the Liveblog of Wednesday, May 28, 2025

IDF: Over $2 million of Hamas ‘terror funds’ seized in West Bank raid on money changers

By Emanuel Fabian 28 May 2025, 11:43 am
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Emanuel (Mannie) Fabian is The Times of Israel's military correspondent

Israeli troops storm a currency exchange shop next to signs warning people not to deal with the Gulf exchange company in Hebron in the southern West Bank on May 27, 2025. (HAZEM BADER / AFP)
Israeli troops storm a currency exchange shop next to signs warning people not to deal with the Gulf exchange company in Hebron in the southern West Bank on May 27, 2025. (HAZEM BADER / AFP)

The IDF says it seized over NIS 7 million ($2 million) in “terror funds” and detained over 30 suspects in an operation yesterday in the West Bank against money exchange stores allegedly funding Hamas.

Several currency exchange stores in the West Bank were raided in the operation.

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