Feds Probe Bitcoin Transfer To Far-Right Extremists

Yahoo News reports:

On Dec. 8, someone made a simultaneous transfer of 28.15 bitcoins — worth more than $500,000 at the time — to 22 different virtual wallets, most of them belonging to prominent right-wing organizations and personalities.

Now cryptocurrency researchers believe they have identified who made the transfer, and suspect it was intended to bolster those far-right causes. U.S. law enforcement is investigating whether the donations were linked to the Jan. 6 assault on the U.S. Capitol.

Right-wing figures and websites, including VDARE, the Daily Stormer and Nick Fuentes [photo], received generous donations from a bitcoin account linked to a French cryptocurrency exchange, according to research done by software company Chainalysis.

Read the full article.

NEW from me: On December 8, a foreign account sent multiple prominent rightwing figures a large Bitcoin donation. Funding, including from overseas, a subject of interest to U.S. law enforcement post U.S. Capitol riot:https://t.co/XpqdcaHmee

— Jenna McLaughlin (@JennaMC_Laugh) January 14, 2021