Future

2024

Foundation

AssangeDAO

Silke Noa, a member of AssangeDAO, recently revealed that $37 million has been spent on Julian Assange’s legal defense. This expenditure accounted for the majority of the 16,593 Ether raised.&nbsp;
Noa has called on the Wau Holland Foundation, which manages these funds, to provide a detailed account of the spending. This transparency is crucial, she argues, as it aligns with the foundational principles of the DAO and the broader blockchain ethos of openness.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/JulianAssange?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#JulianAssange</a> is finally free! Only the generous donations from the contributors to the <a href="https://twitter.com/AssangeDAO?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@AssangeDAO</a> made this outcome possible! <a href="https://twitter.com/AssangeDAO?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@AssangeDAO</a>'s aim to free Julian by whatever means possible has been achieved! <a href="https://t.co/q5MgVe97X1" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/q5MgVe97X1</a>— Silke Noa (@silkenoa) <a href="https://twitter.com/silkenoa/status/1805529464056446980?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 25, 2024</a>
 </blockquote>
 </div>
</figure>
Innovative Fundraising Through NFTs
The funds were raised through novel means, including the sale of a unique NFT created in collaboration with Assange, signifying a pioneering moment in using digital assets for legal defense. The proceeds were managed by the Wau Holland Foundation and used to cover escalating legal costs.&nbsp;
This method of fundraising showcased the potential of blockchain technology to mobilize support for legal defenses in complex international cases.
Continued Advocacy and Future Plans
The initiative not only highlights the power of community-driven financial efforts but also sets a precedent for future legal defense funds. As Assange’s situation continues to unfold, the demand for financial clarity grows, ensuring that funds are used effectively and in line with donor intentions.&nbsp;
The community awaits the foundation’s detailed report, hoping it will clarify the expenditures and reinforce trust among supporters.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 Also Read: <a href="https://www.cryptotimes.io/2024/06/25/julian-assange-to-be-freed-after-pleading-guilty-to-espionage/" target="_blank" rel="noopener noreferrer nofollow">Julian Assange Released After His Plea Deal With U.S.</a>
</blockquote>

AssangeDAO Member Says $37M Spent on Assange’s Legal Fees

The Crypto Times

Other articles published on Jun 25, 2024

With Bitcoin At $60K Slump, Will Terra Coins Make A Comeback?

Binance CEO Remains Bullish Despite Sluggish BTC Price Action, Here’s Why

$WBTC Expands to Solana via Wormhole

Bitcoin and Ether Transaction Fees Plunge Amidst Crypto Market Turmoil

Era of Change : The Dawn of New Tokenomics with Brioche Hard Fork

Bitcoin taps $62K as 6% BTC price rebound runs into stubborn US dollar

Join our free newsletter for daily crypto updates!