Sean on Nostr: Decline in Crypto Contributions to Extremist Groups Globally, but Concerning Growth ...
Decline in Crypto Contributions to Extremist Groups Globally, but Concerning Growth in Europe
Chainalysis reports that while global trends indicate a decline in cryptocurrency contributions to extremist groups, Europe has emerged as a hotspot for concerning growth. Extremist organizations are leveraging cryptocurrency to bypass traditional financial restrictions, using innovative and covert strategies to sustain operations.
A notable anomaly in 2022: "The far-right conspiracy theory and disinformation platform InfoWars received an $8 million contribution from a single donor, significantly skewing the data for that year."
Chainalysis reports that while global trends indicate a decline in cryptocurrency contributions to extremist groups, Europe has emerged as a hotspot for concerning growth. Extremist organizations are leveraging cryptocurrency to bypass traditional financial restrictions, using innovative and covert strategies to sustain operations.
A notable anomaly in 2022: "The far-right conspiracy theory and disinformation platform InfoWars received an $8 million contribution from a single donor, significantly skewing the data for that year."