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AssangeDAO Calls for Transparency on $37M Spent to Support Assange

Silke Noa, a member of AssangeDAO, has urged the Wau Holland Foundation to provide a detailed breakdown of how $37 million, equivalent to 11,000 Ether from a total of 16,593 ETH, was utilized for Julian Assange’s legal defense and advocacy efforts.

In a recent post on X, Noa highlighted that the Wau Holland Foundation managed the funds through their Safe.global multisig wallet address. Noa stressed the importance of transparency now that security concerns that previously limited disclosure are less relevant.

Julian Assange, an Australian journalist and founder of WikiLeaks, has been detained since April 2019 for publishing classified documents that expose governmental activities.

AssangeDAO’s Initiatives Over Time

Discussing the origins of AssangeDAO , Harry Halpin, CEO of Nym, explained:

AssangeDAO was established by Julian’s friends, including myself and Amir Taaki, in response to the substantial funds raised for projects like ConstitutionDAO. We recognized the urgent need for financial support for Julian’s legal defense.”

Joshua Bate, a former core team member of AssangeDAO, added:

“The DAO was formed by Julian’s friends, family, and participants from the web3 community to raise funds for his defense using innovative fundraising methods popular at the time.”

Bate emphasized that contributions came from decentralized communities, raising awareness and prompting collective action in support of Julian Assange’s cause.

Summary Review: AssangeDAO’s efforts underscore a collaborative movement within decentralized communities to support Julian Assange’s legal defense and advocacy. With $37 million allocated, sourced largely from onchain and cypherpunk communities, AssangeDAO has demonstrated a novel approach to fundraising in the digital age. Silke Noa’s call for transparency from the Wau Holland Foundation reflects a commitment to accountability and ensures that funds are used effectively to aid Assange’s ongoing legal battles. As Assange remains detained since April 2019, the ongoing efforts of AssangeDAO serve as a testament to the power of decentralized initiatives in rallying support for prominent causes in today’s interconnected world.

Disclaimer: Remember that nothing in this article and everything under the responsibility of Web30 News should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves inherent risks and potential investors should be aware that capital is at risk and returns are never guaranteed. It is imperative that you conduct thorough research and consult with a qualified financial advisor before making any investment decision.

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