Hamas Faces Few Sanctions for a Group Called Terrorist by the US

Seeking to show support for Israel and condemn the Oct. 7 attack by Hamas, the US took aim last week at the group’s financial network with sanctions targeting individuals said to run its “secret” investment accounts, as well as two of its senior leaders and a virtual currency exchange allegedly involved in transferring money to the group.

But even after the bundle of ten actions announced last Wednesday, Hamas faces a relatively small portfolio of sanctions for a group that the US, European Union and UK have all have labeled a terrorist organization.