From the Liveblog of
Friday, October 2, 2026
US imposes sanctions on Hamas financial network, including two France-based funds
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WASHINGTON — The United States issues additional sanctions targeting Hamas’s financial network, including targeting a member of the Palestinian terror group’s military wing, two France-based fundraisers, and two entities, the US Treasury Department said.
“These designations expose a sophisticated, multi‑year financing architecture that moved more than $2 million to Hamas through deceptive charitable fronts and cryptocurrency channels, demonstrating the organization’s persistent ability to adapt its fundraising mechanisms to evade detection,” Treasury says in a statement.
The Hamas member, Saleem Abdallah Saleem al-Zaq, is a battalion deputy in the Hamas military wing based in Gaza, Treasury says. He oversees a financial network that has used various money services businesses and cryptocurrency wallets to transfer significant funds to the Hamas Al-Qassam Brigades, it adds.
As part of the same case, the US Justice Department issues an indictment against the Hamas commander.
The indictment against Saleem Alzaq follows a recent related arrest in Florida and two other arrests in Louisiana.
The Justice Department says three more of Alzaq’s associates have been arrested in France.
Alzaq does not appear to be in US custody, however. Court filings have said he resides in Gaza, and authorities have not announced an arrest.
The Department of Justice says Alzaq collected more than $1.7 million through charity fronts and transferred the money to Hamas.
Times of Israel staff contributed to this report.
The Times of Israel Community.