The Biden administration has imposed sanctions on 10 individuals affiliated with Hamas and a financial network as a response to a terrorist attack.

On Wednesday, the Biden administration imposed sanctions on 10 individuals affiliated with Hamas and the group’s financial network, following their involvement in a sudden assault on Israel which resulted in the death of approximately 1,400 individuals and the abduction of numerous others.

The U.S. Treasury Department enforced sanctions on individuals affiliated with Hamas, including those responsible for overseeing its investment portfolio, a financial company located in Qatar that has strong connections with Iran, a commander within Hamas, and a virtual currency exchange based in Gaza.

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“She stated that we will persist in taking any required measures to prevent Hamas terrorists from acquiring and utilizing funds for committing heinous acts and instilling fear among the people of Israel.”

The sanctions will block the Hamas terrorists and the financial network from accessing funds in the U.S. and preventing them from doing business with American people and companies. It is unclear how much, if any, assets the group has in the U.S.

The Treasury Department stated that Hamas receives funding from small contributions, including those made through cryptocurrency.