Nadene Goldfoot
Operation Gideon's Chariots continues. Five (5) Divisions are inside Gaza.
Operation "Gideon's Chariots" is an ongoing Israeli military operation in the Gaza Strip, launched on May 16, 2025, with the stated goals of defeating Hamas, destroying its military and governing capabilities, and taking control of the entire Gaza Strip.
It intensifies as Israeli forces target Hamas and Islamic Jihad infrastructure; airstrike hits Gaza money exchange used to funnel millions to terrorist groups, military says; sirens sound around border region. Gaza Strip under Palestinian control Gaza Strip under Israeli control Furthest Israeli advance in Gaza Strip Evacuated areas inside Israel Maximum extent of the 2023 Hamas-led attack on Israel Area of Gaza subject to Israeli evacuation orders
See here for a more detailed map.
Maximum extent of the 2023 Hamas-led attack on Israel
Area of Gaza subject to Israeli evacuation orders
The IDF said troops under the Southern Command, including both active-duty soldiers and reservists, began wide-ranging ground maneuvers over the past day in both northern and southern Gaza.
Hamas utilizes various methods to exchange and transfer funds, including:
Formal Financial System known as of 2023:
- Banks: Hamas has been known to utilize banks, both within and outside of Gaza, to manage and transfer funds, often relying on individuals or entities with established banking relationships.
- Money Exchange Houses: Hamas leverages currency exchange houses to facilitate the movement of funds, particularly for international transfers or to circumvent banking restrictions.
- Hawala: Hamas utilizes the informal Hawala system, which operates outside of traditional banking channels and relies on a network of trusted brokers to facilitate the transfer of money across borders.
- Cryptocurrency: Hamas has increasingly turned to virtual assets like cryptocurrency to solicit donations and transfer funds, often employing mixers or other obfuscation techniques to conceal the origins and destinations of funds.
- Smuggling: Hamas engages in the physical smuggling of cash across borders to evade detection by authorities and sanctions.
- Front Companies: Hamas uses front companies, often operating in various sectors like real estate or import/export, to disguise the flow of funds and generate revenue.
- Charities and NGOs: Hamas co-opts or establishes charities and NGOs, which may appear legitimate, to raise funds and channel them to the organization, sometimes disguising the intended recipients or using them for recruitment purposes.
- Trade-Based Money Laundering: Hamas engages in trade-based money laundering schemes, using the purchase and sale of goods to move value internationally, masking the true source and destination of funds.
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