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SPLC report examines use of Bitcoin and Monero by right wing extremists
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The Southern Poverty Law Center (SPLC) has released a report examining the extensive ties between the far right and Bitcoin, many of whom built fortunes in the cryptocurrency.
In a Dec. 9 Hatewatch report, the SPLC shared its findings on how right wing extremists and white supremacists, discuss and use cryptocurrencies claiming that many have amassed “tens of millions of dollars” from crypto donations.
The report How Cryptocurrency Revolutionized the White Supremacist Movement identified and compiled over 600 cryptocurrency addresses associated with white supremacists and other prominent far-right extremists” to reach its conclusions.
One of the main claims it makes is that although less than one quarter of Americans own cryptocurrency:
The
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