Wikileaks to Accept Donations in Additional Cryptocurrencies
Wikileaks, a non-profit whistleblowing group, is expanding its fundraising opportunities by accepting donations in additional cryptocurrencies.
This announcement comes from Wikileaks founder Julian Assange in a tweet where he also complained about the Freedom of the Press Foundation’s (FPF) decision to end its relationship with the controversial news organization. Assange stated, quote:
Like our response to the first banking blockade, (Wikileaks) will open up additional crypto-currencies. Those wanting to contribute to Wikileaks can already use Bitcoin, Litecoin and the ultra-private Monero and Zcash.”
The FPF had previously helped Wikileaks process Visa, MasterCard, and PayPal donations.
Cryptocurrencies: A Hedge Against Censorship
The Freedom of the Press Foundation has been instrumental in keeping Wikileaks funded, handling over $500,000 in donations over the last five years. However, the organization decided to end its relationship with Wikileaks because its board of directors could not find any evidence of an ongoing financial “blockade” against Wikileaks donations.
Trevor Timm, executive director of the FPF stated:
We decided we would therefore formally notify WikiLeaks that unless they could demonstrate that a blockade was still in effect, we would no longer provide a mechanism for people to donate to them.”
According to the Washington Times, Assange believes the FPF’s move may be driven by political pressures from the CIA and Democratic party – perhaps motivated by Wikileak’s controversial leak of secret DNC emails during the U.S presidential election.
The practical impact of the FPF’s decision is expected to be minimal, and Wikileaks already has a history of accepting cryptocurrency-based contributions. The organization’s public Bitcoin wallet has received roughly $69 million in Bitcoin donations since 2011.