The US Treasury has sanctioned three men and seven TRON cryptocurrency addresses in what it described as a Hamas financing network operating through El-Kahira for General Trading, a Turkish over-the-counter exchange office. The action, announced by the Office of Foreign Assets Control on July 23, names Zaid Issam Ahmed al-Jebouri, Abdulla Issam Ahmad al-Jebouri and Khaldun Khamis Zakaria Alden as Specially Designated Global Terrorists.
Designation targets El-Kahira operators
According to the source report, Zaid Issam Ahmed al-Jebouri is an Iraqi national based in Istanbul. OFAC said he and the two other designated individuals operated El-Kahira for General Trading, which the report describes as a Turkish OTC exchange office tied to a Hamas financial network.
The sanctions action builds on an earlier step by Israel’s National Bureau for Counter Terror Financing. El-Kahira for General Trading had already been listed in a January 2026 seizure order issued by the NBCTF, and the new US move expands that enforcement by identifying the alleged operators individually and adding cryptocurrency identifiers.
Seven TRON addresses added
OFAC’s designation includes seven TRON addresses. Based on the source article’s on-chain analysis, those wallets have collectively received about $38.6 million in cryptocurrency.
The report says the newly designated addresses show substantial interaction with wallets previously labeled by the NBCTF. It describes direct links between al-Jebouri’s wallet and several El-Kahira-related addresses that appeared in the Israeli seizure order.
On-chain activity cited in the report
The source article says al-Jebouri’s wallet received funds from multiple El-Kahira-linked wallets and later cashed out through two channels identified in the analysis: a Gaza-based money service business already on OFAC’s SDN list, Buy Cash Money and Transfer Company, and a UAE-based OTC desk.
It also says the wallet sent funds to deposit addresses at mainstream exchanges. Those deposit addresses, according to the report, also received funds from a Palestine-based OTC service and another wallet linked to Hamas.
The article attributes those findings to on-chain analysis and presents them as evidence of how regional exchange offices can sit at the center of flows tied to sanctioned networks.
Compliance significance
The source report frames the case as an example of the role that smaller regional exchange offices may play in terror financing. It says maintaining on-chain visibility into such services is difficult for both public agencies and private-sector investigators, particularly when the businesses are small, informal or operate in places with weak compliance oversight.
It also argues that compliance teams, working alongside government bodies and blockchain analytics companies, can contribute to identifying the movement of funds through these networks.
The Treasury action does not just target named individuals. By including specific TRON addresses, it extends the sanctions perimeter to digital wallets that investigators say were used in the network’s activity. In that sense, the case combines traditional counterterrorism sanctions with address-level blockchain tracing already referenced by Israeli authorities earlier in 2026.
Source: www.chainalysis.com