A crypto-forensic analysis shows that a French donor sent Bitcoin worth over $ 500,000 (BTC) to far-right activists in the United States. The half a million dollars went to the groups that participated in the pro-Trump riots in the U.S. Capitol.
Alt-right personalities and websites are included in the recipient list
According to Chain analysis, the nameless donor sent 28.15 BTC (valued at $ 522,000 at time of transfer) on December 6, 2020 to 22 separate addresses in a single transaction. According to the report, many of these wallets are owned by personalities associated with far-right activists in the United States
Yahoo news detailed that Vdare (anti-immigration organization), the Daily Stormer (right website) and Nick Fuentes were among the recipients of crypto donations. Alt-right streamer Ethan Ralph is also on the list that Chainalysis published regarding the half a million dollar donation.
The blockchain analytics firm made it clear that there is still no evidence of Fuentes’ participation in the riots at the Capitol. Anyway, it quoted Previous statements from him asked people to protest against Congress confirming Joe Biden’s victory.
But Chainalysis still emphasized that a BTC A donation worth over $ 250,000, sent on December 8, 2020, is by far the largest crypto donation Fuentes has ever received.
The donor may have committed suicide after arranging it BTC Payments
Regarding the identity of the French donor, there is information that the wallet that was used to arrange the payments has been active since 2013. The blockchain analytics firm suggests he could be a “relatively early adopter of Bitcoin, whose holdings have grown significantly in value”.
Chainalysis discovered that the crypto donor was a French computer programmer after searching his email address. After sending the donations, he posted a suicide note on a personal blog. The report detailing the motivation behind his donations reads:
He mentions that he left ‘ [his] Happiness for certain causes and certain people ”, and quotes several alt-right speaking points in his analysis of today’s world. For example, he states his belief that western civilization is declining and claims that westerners are being encouraged to hate their ancestors and heritage.
Federal and law enforcement agencies are also investigating the source of funds, according to Yahoo News.
What do you think of the results of the chain analysis? Let us know in the comments below.
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