Learn about the value of donations and support that WikiLeaks received from cryptocurrencies!
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Answer Learn about the value of donations and support that WikiLeaks received from cryptocurrencies!
WikiLeaks is one of the most famous organizations in the world.
WikiLeaks, at its core, is an international non-profit organization designed to publish news and media leaks provided by various anonymous sources.
WikiLeaks was founded in 2006 by Julian Paul Assange, an Australian activist, publisher and editor.
He was arrested in 2019 in London and is currently charged in the United States with conspiring to hack a Pentagon computer network in 2010.
Since WikiLeaks is a non-profit organization, it is supported by donations from individuals or entities who support their causes and operations.
However, since they have published highly sensitive information on a number of topics, many payment service providers have blocked the organization’s financial payments.Read:Ghana begins experimenting with central bank digital currency
This includes Visa, MasterCard, AmEx, etc.
This is why they have switched to one form of digital payment that is impossible to monitor and that is cryptocurrency.
WikiLeaks Crypto Donations:
According to the organization’s official website, the options currently available for donating cryptocurrency to WikiLeaks include Bitcoin, Bitcoin Cash, Litecoin, ZCash, Monero and Ethereum.
Here’s a look at each of the headlines submitted to see how much money WikiLeaks has received so far:
- WikiLeaks’ bitcoin address received a total of 30.45 bitcoins, valued at $1.51 million.
- The first Bitcoin Cash address received a total of 225.2 BCH, valued at $101,800.
- The Litecoin address received a total of 163.07 LTC, which is worth about $25,680.
- The title of “ZCash” received a total of 84.01 ZEC, none of which were used, which equates to about $13,800.
- The Ethereum address appears to be the second most preferred destination for donation as it contains 145.45 ETH worth around $587,883.
The above transactions total just over $2.2 million.
Is crypto better than fiat currencies?
in 2017, Tell Founder Assange reports that WikiLeaks made a 50,000% return on Bitcoin after investing in the cryptocurrency in 2010.Read:A new scam managed to steal a billion dollars in Bitcoin and cryptocurrencies
Interestingly, the tweet claiming this was posted in October 2017, when the bitcoin price was around $5,000.
Later that year, that number was closer to 200K% ROI, given that Bitcoin peaked at around $20,000 at the time.
Today, the ROI will be higher as Bitcoin is currently trading at just under $50K.
Cryptocurrency exchange AscendEX hacked and $80 million stolen
Once again sentiment towards Bitcoin tends to be very scary with Bitcoin remaining below $50K
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