A DAO Raised $7.5 M in ETH to Help Release WikiLeaks Founder

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Key takeaways:

  • A Decentralised Autonomous Organisation has raised millions of dollars in cryptocurrency to assist Wikileaks founder Julian Assange in his release.
  • Since 2019, Assange has been imprisoned in the United Kingdom.
  • AssangeDAO, founded in December 2020, is raising funds to bid on an NFT artwork. 

AssangeDAO, which was founded in December 2021, is raising funds to bid on a non-fungible token artwork created by Pak in collaboration with Assange. Pak is a well-known digital artist who has sold artwork worth a total of $269 million.

The Wikileaks founder has been imprisoned since 2019 after his asylum status was terminated by the Ecuadorian embassy in London. The United States then requested that he be extradited, a process that has now lasted more than two years.

The Assangedao hopes to shed light on the corruption surrounding Assange’s case and aid in the activist’s release. According to the group’s website, the group’s main goal is to continue fighting for Julian Assange.

“One of the finest ways to accomplish justice is to expose injustice,” Assange adds in a statement on the website. According to current Ethereum (ETH) exchange rates, the Assange-centric DAO has raised 2,533.91 ether, or almost $7.5 million. 

Censored, the collection will be auctioned off on February 7, 2022. The proceeds will be donated to Assange’s legal defence fund. So far, the DAO has raised more than $6 million. Gabriel Shipton, the brother of Wikileaks founder Julian Assange, is among those who have contributed.

If the DAO wins the bid, its contributors will be given JUSTICE, the DAO’s governance token, in proportion to their contributions. If the DAO fails, the ether contributed by the participants will be redeemable.

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Chetna Prakash
Chetna Prakash

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