Crowdfunding for terrorism detailed in FATF report

The Financial Action Task Force (FATF) has profiled how crowdfunding networks can be abused by terrorist groups, as US financial intelligence unit FinCEN warns these have been exploited by Gaza-based terror group Hamas, which launched its murderous attack on Israel on 7 October [2023].

By Keith Nuthall

The Financial Action Task Force (FATF) has profiled how crowdfunding networks can be abused by terrorist groups, as US financial intelligence unit FinCEN warns these have been exploited by Gaza-based terror group Hamas, which launched its murderous attack on Israel on 7 October [2023]. [1]