Alt-right extremist groups and a handful of personalities linked to last week’s storming of the U.S. Capitol building received a bitcoin donation worth about $522,000 one month before the D.C. siege, according to crypto tracing firm Chainalysis.

Chainalysis explained in a Thursday blog post that an unnamed French blogger sent 28.15 BTC to 22 wallets on Dec. 8. Nick Fuentes, the far-right internet personality whose livestream from the Capitol takeover resulted in his banning from the streaming site DLive, received the single-largest donation: about $250,000, or 13.5 BTC.

The rest of the funds appear to have been split among a smattering of other accounts with ties to far-right ideologies, Chainalysis said. Neo-Nazi blog Daily Stormer received 3% of the total, anti-immigration group VDARE 3.3% and white nationalist leader Patrick Casey 5%, among others. Yahoo News first reported the story.

In all, the transactions represent an unprecedented crypto windfall for the domestic extremists groups that Chainalysis said it tracks.

The individual laments what he claimed to be the “decline” of Western civilization and the “rejection of our ancestors and our heritage.” That language tracks with rhetoric common in white nationalist circles. He pledged to “leave my modest wealth to certain causes and people” upon his death.

Investigators are still working to determine how much planning went into the Jan. 6 Capitol storming.

For its part, Chainalysis declined to directly link the donation to the political violence in Washington, D.C., but the “timing warrants suspicion,” Chainalysis wrote.

Download MAXBIT Android App, Your best source of all crypto news!
Google Play

Source link

Alt-Right Groups Received $500K in BTC Month Before Capitol Riot: Chainalysis

by Mario Herndon
Choose A Format
Voting to make decisions or determine opinions
Formatted Text with Embeds and Visuals
The Classic Internet Listicles
Upload your own images to make custom memes
Youtube, Vimeo or Vine Embeds
Soundcloud or Mixcloud Embeds
Photo or GIF
GIF format