A decentralized autonomous organization (DAO) raised $56 million in cryptocurrency to support efforts to free WikiLeaks founder Julian Assange. The DAO, known as AssangeDAO, gathered funds through contributions in Ethereum from supporters worldwide. The initiative aimed to purchase an NFT that would cover legal defense expenses and increase public awareness about Assange's case. Assange, who faces extradition from the UK to the U.S. on espionage charges, remains a controversial figure due to his role in publishing classified government documents. The campaign highlights the potential for DAOs to mobilize resources quickly for specific causes, using blockchain technology and cryptocurrency.
Learn more on this news visit us at: https://theweb3.news/news-bites/how-a-dao-raised-56-million-in-crypto-to-free-wikileaks-founder/
Hosted on Acast. See acast.com/privacy for more information.