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US announces sanctions against a group of 10 Hamas members and financial network over Israel attack

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US announces sanctions against a group of 10 Hamas members and financial network over Israel attack

WASHINGTON (AP) — The U.S. announced sanctions on Wednesday against a group of 10 Hamas members and the Palestinian militant organization’s financial network across Gaza, Sudan, Turkey, Algeria and Qatar as it responds to the surprise attack on Israel that left more than 1,000 people dead or kidnapped.

Targeted for sanctions by the Treasury Department’s Office of Foreign Assets Control are members who manage a Hamas investment portfolio, a Qatar-based financial facilitator with close ties to the Iranian regime, a key Hamas commander and a Gaza-based virtual currency exchange. Iran is Hamas’ main sponsor.

Treasury Secretary Janet Yellen said the U.S. “is taking swift and decisive action to target Hamas’s financiers and facilitators following its brutal and unconscionable massacre of Israeli civilians, including children.”

“The U.S. Treasury has a long history of effectively disrupting terror finance and we will not hesitate to use our tools against Hamas,” she said in an emailed statement.

Treasury Deputy Secretary Wally Adeyemo told reporters on Wednesday that Treasury officials will be traveling to the region in the coming days to further their sanctions work.

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President Joe Biden, who arrived in the Middle East early Wednesday to show support for Israel, has tried to tamp down tensions in the escalating war between Israel and Hamas, but those efforts have faced massive setbacks, including an explosion at a Gaza hospital that killed about 500 people.

Brian Nelson, U.S. Treasury’s under secretary for terrorism and illicit finance, said at a Deloitte anti-money laundering conference on Tuesday that the U.S. is renewing its plans to pursue Hamas funding streams and made a call for American allies and the private sector to do the same or “be prepared to suffer the consequences.”

“We cannot, and we will not, tolerate money flowing through the international system for Hamas’ terrorist activity,” Nelson said.

“We want to partner with all willing countries and financial entities to stop Hamas financing,” he said “but to the extent that any institution or jurisdiction fails to take appropriate action, they should then be prepared to suffer the consequences.”

The shadowy leader of Hamas’ military wing, Mohammed Deif, said the Oct. 7 assault on Israel was in response to the 16-year blockade of Gaza, Israeli raids inside West Bank cities over the past year, increasing attacks by settlers on Palestinians and the growth of settlements, among other reasons.

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“Enough is enough,” Deif, who does not appear in public, said in the recorded message. He said the attack was only the start of what he called Operation Al-Aqsa Storm, and he called on Palestinians from east Jerusalem to northern Israel to join the fight.

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This story has been corrected to show Biden arrived in the Middle East early Wednesday, not late Tuesday.

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Trump plans crypto-friendly orders in first few days in power

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Trump plans crypto-friendly orders in first few days in power
President-elect Donald Trump is planning to use his executive powers to reduce the regulatory burden faced by cryptocurrency companies and promote digital asset adoption in his first few days in office, according to three people briefed on the plan.
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Israel says cease-fire begins after 3-hour delay over list of hostage names

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Israel says cease-fire begins after 3-hour delay over list of hostage names

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Israel confirmed late Sunday morning a long-awaited cease-fire has gone into effect after a three-hour delay caused by Hamas not releasing the names of the three hostages it plans to release.

The agreement was set to go into effect Sunday at 8:30 a.m. local time, but was delayed until 11:15 a.m. local time. Jerusalem is seven hours ahead of Eastern time.

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Israeli Prime Minister Benjamin Netanyahu held a security situation assessment over the delay in receiving the list of hostages who are expected to be released Sunday morning as part of a cease-fire agreement with Hamas, which eventually provided the names.

Hamas said a couple of hours after the agreement was scheduled to go into effect that it would be releasing hostages Romi Gonen, 24, Emily Demari, 27, and Doron Steinbrecher, 31, on Sunday. Israel confirmed it has received the names. The hostages are expected to be released later Sunday. 

Earlier, Netanyahu told the Israeli Defense Forces that the cease-fire would not begin until Israel had the list of hostages expected to be freed. Since Hamas had not given the names of the hostages by the time the cease-fire was set to start, the IDF continued to operate, as it was still striking inside Gaza. At least eight Gazans have been killed in IDF strikes since the cease-fire was set to begin, according to a Hamas-run agency.

“As of this morning, Hamas has not fulfilled its obligation, and contrary to the agreement, has not provided the State of Israel with the names of the returning female hostages up to this time. The ceasefire will not come into effect as long as Hamas does not fulfill its obligations,” IDF spokesman Daniel Hagari said earlier on Sunday.

WHAT TO EXPECT AS ISRAEL-HAMAS CEASE-FIRE GOES INTO EFFECT ON SUNDAY

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Romi Gonen, Emily Demari, and Doron Steinbrecher. (Fox News)

Hamas had said the delay in providing the names was due to “technical field reasons” and added that it is committed to the cease-fire deal announced last week.

The terror group released a statement after the cease-fire began, pledging to the people of Gaza “to be the trustees of their rights and defenders of them, until the complete liberation of the land and the holy sites.”

“The whole world today must stand in reverence for the legendary steadfastness of our people in Gaza, and in appreciation of their patience and sacrifices over the course of 471 days,” Hamas said.

“With the entry into force of the ceasefire, we affirm our commitment to implementing the terms of the agreement, which is the fruit of the steadfastness and patience of our great people, and the legendary steadfastness of our valiant resistance in the face of the zionist machine of terrorism and killing,” the statement continued.

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Israel’s Cabinet approved the deal early Saturday morning for a cease-fire in Gaza that would include the release of dozens of hostages and pause the war with Hamas that began after the terror group’s Oct. 7, 2023, attack on the Jewish State.

The deal would allow 33 hostages to be set free over the next six weeks, in exchange for hundreds of Palestinians imprisoned by Israel. The remaining hostages are set to be released in a second phase that will be negotiated during the first.

“Our heroic prisoners have an appointment with freedom starting today, and this is our firm pledge with them always, until they break the shackles of the jailer and breathe freedom in the skies of Palestine,” Hamas said in its statement.

Hamas agreed to release three female hostages on the first day of the deal, four on the seventh day and the remaining 26 over the next five weeks.

A girl pauses at a mural of female Israeli soldiers

A girl pauses at a mural of female Israeli soldiers held by Hamas in the Gaza Strip, in Tel Aviv, Israel, Friday, Jan. 17, 2025. Hebrew reads: “look them in the eyes.” (AP)

Hamas has said it will not release the remaining hostages without a lasting cease-fire and a full Israeli withdrawal.

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This is the second cease-fire achieved during the war.

Gaza is expected to receive a surge in humanitarian aid when the cease-fire begins.

“We are monitoring the operations of bringing in aid and providing relief to our people with everything necessary, and we confirm that all efforts will be made to provide all the necessary support and assistance requirements to restore the cycle of life in the Gaza Strip to normal,” Hamas said in its statement.

ISRAEL DEFENSE FORCES WILL RECEIVE HOSTAGES SUNDAY WITH EQUIPPED CAMPER TRAILERS AND COMFORTING SUPPLIES

Israel hostages

A wall covered with photos of hostages held in the Gaza Strip after the deadly Oct 7 Hamas attack calling for the release of the hostages on January 17, 2025, in Tel Aviv, Israel. (Photo by Amir Levy/Getty Images)

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The 15-month-long war in Gaza started when Hamas launched a surprise attack against Israel on Oct. 7, 2023, in which roughly 1,200 people wer killed and about 250 others were abducted, prompting military retaliation from Israeli forces. Nearly 100 hostages remain captive in Gaza.

More than 46,000 Palestinians have been killed by Israel’s offensive, according to the Hamas-run government’s local health officials, who do not distinguish between civilians and terrorists.

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Photos: Palestinians in Gaza celebrate the ceasefire

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Photos: Palestinians in Gaza celebrate the ceasefire

Celebrations have erupted across Gaza after a ceasefire in the war-ravaged territory came into effect on Sunday morning.

The ceasefire was announced more than two hours later than scheduled due to a dispute between Israel and Hamas over naming the captives to be freed under the deal.

Earlier on Sunday, Hamas named three captives it plans to release later in the day.

Israel’s cabinet approved the ceasefire on Saturday in a rare session during the Jewish Sabbath, more than two days after mediators Qatar, Egypt and the United States announced the deal.

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