Palestinian militant group Hamas uses a global financing network to funnel support from charities and friendly nations, passing cash through Gaza tunnels or using cryptocurrencies to bypass international sanctions, according to experts and officials. However, Hamas, which governs the Gaza Strip, will face even more obstacles accessing funds after the rampage by the group's gunmen that killed hundreds of Israelis, mainly civilians .
"One likely reason for the low donation volume is that Israeli authorities are targeting them immediately," TRM said, adding that Israel had seized cryptocurrency worth "tens of millions of dollars" from Hamas-linked addresses in recent years. Between December 2021 and April this year, Israel seized almost 190 crypto accounts it said were linked to Hamas. Whether through crypto or other means, Hamas' allies have found ways to get money to Gaza.