Bitcoin donations to neo-Nazis get ready for this weekend's rally



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The rally participants are preparing to enter Emancipation Park in Charlottesville, Virginia on August 12, 2017. They will carry Confederate battle flags, Gadsden flags and a Nazi flag. & Nbsp; Some are funded by bitcoin and cryptocurrency. (Photo by Anthony Crider via Wikimedia Commons.)Anthony Crider / Wikimedia Commons

The second Unite The Right rally is scheduled for this weekend and will take place this year in the US capital. About 400 far-right activists are expected to flock to Washington DC on August 11th. Before the rally, donations in bitcoins and crypto-currencies to & nbsp;the neo-Nazis are on the rise. & nbsp;

Last year, donations of bitcoins and cryptocurrencies to neo-Nazis grew around Charlottesville,& nbsp; Virginia, & nbsp;The Unite the Right rally resulted in the death of a counter-protester.

Bitcoins and cryptocurrencies have long been associated with the far right and other extremists around the world because of their relative anonymity and ease of use. & Nbsp; The American white nationalist Richard Spencer called bitcoin "right money".

This association has led some to question the long-term viability of bitcoins and crypto-currencies if they can facilitate terrorism and dangerous ideologies.

The data collected by John Bambenek, cybersecurity expert, via his Neo-Nazi BTC Tracker Twitter Bot shows crypto-currency donations to the far-right neo-Nazi activist Weev and his neo-Nazi website, the Daily Stormer, in preparation for this year's rally.

Last year, the Daily Stormer attracted some $ 60,000 in donations of bitcoins and cryptocurrencies around the Charlottesville Unite The Right rally.

Bitcoin donations to the Daily Stormer website reached record highs in August and could break those records this year.John Bambenek / Neonazi BTC Tracker

At the same time, Weev (website technical manager alongside editor Andrew Anglinthe and whose real name is Andrew Alan Escher Auernheimer), has attracted some $ 1.8 million in cryptocurrency donations to his portfolio address known, according to Bambenek's Twitter bot. It may have received more from other portfolios & nbsp; anonymous.

"Many of these known neo-Nazis owned hundreds of thousands of bitcoins and other cryptographic currencies before the massive price increases observed in the last two years," says Bambenek. "They still have a lot to do and many choose to store their crypto in Monero, which is more anonymous than bitcoin."

Monero is an open source cryptocurrency created in April 2014 that focuses on & nbsp; anonymity, ease of trade and decentralization. This is worth about $ 116 per piece.

Weev received about $ 1.8 million in bitcoins for its known portfolio.JOHN BAMBENEK / NEONAZI BTC TRACKER

Bambenek is currently looking for a major contributor to the Daily Stormer, which donated 14.88 bitcoins – then worth about $ 56,000 – shortly after the Charlottesville Rally.

"Although cryptocurrency is often anonymous, if you have indicated that your public address is publicly available, it is deemed to be linked to you, so that users can view the incoming and outgoing funds portfolios via the blockchain," & nbsp; Bambenek added.

Bambenek has contacted bitcoin and cryptocurrency exchanges to let them know who they are providing services to, but has had little success in closing portfolios associated with neo-Nazis.

"I came across a neo-Nazi who recently used an Israeli bitcoin exchange, which I found quite ironic," added Bambenek.

However, the Daily Stormer lost its dot-com status last year and had trouble finding a provider to host the site after comments posted on the site about Heather Heyer, the counter-protester killed by a neo-Nazi in Charlottesville.

In November, the site came back with a new .red domain name, registered via GKG.net, and now uses a .name address. The site displays a QR code of Bitcoin wallet address on its homepage, asking users for donations.

The Daily Stormer asks users for cryptocurrency donations on its home page.The Daily Stormer

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Participants at the rally are preparing to enter Emancipation Park in Charlottesville, Virginia on August 12, 2017. They will wear Confederate battle flags, Gadsden flags and a Nazi flag. Some are funded by bitcoin and cryptocurrency. (Photo by Anthony Crider via Wikimedia Commons.)Anthony Crider / Wikimedia Commons

The second Unite The Right rally is scheduled for this weekend and will take place this year in the US capital. About 400 far-right activists are expected to flock to Washington DC on August 11th. Before the rally, donations of bitcoins and cryptocurrency to the neo-Nazis are on the rise.

Last year, donations of bitcoins and cryptocurrencies to neo-Nazis grew around Charlottesville, Virginia, The Unite the Right rally resulted in the death of a counter-protester.

Bitcoins and cryptocurrencies have long been associated with the far right and other extremists around the world because of their relative anonymity and ease of use. American white nationalist Richard Spencer called bitcoin the "alt-right currency".

This association has led some to question the long-term viability of bitcoins and crypto-currencies if they can facilitate terrorism and dangerous ideologies.

The data collected by John Bambenek, cybersecurity expert, via his Neo-Nazi BTC Tracker Twitter Bot shows crypto-currency donations to the far-right neo-Nazi activist Weev and his neo-Nazi website, the Daily Stormer, in preparation for this year's rally.

Last year, the Daily Stormer attracted some $ 60,000 in donations of bitcoins and cryptocurrencies around the Charlottesville Unite The Right rally.

Bitcoin donations to the Daily Stormer website reached record highs in August and could break those records this year.John Bambenek / Neonazi BTC Tracker

At the same time, Weev (website technical manager alongside editor Andrew Anglinthe and whose real name is Andrew Alan Escher Auernheimer), has attracted some $ 1.8 million in cryptocurrency donations to his portfolio address known, according to Bambenek's Twitter bot. He may have received more other anonymous portfolios.

"Many of these known neo-Nazis had hundreds of thousands of bitcoins and other crypto-currencies before the massive price hikes we've seen in recent years," Bambenek said. "They still have a lot to do and many choose to store their crypto in Monero – which is more anonymous than bitcoin."

Monero is an open source cryptocurrency created in April 2014 that focuses on anonymity, ease of exchange and decentralization. This is worth about $ 116 per piece.

Weev received about $ 1.8 million in bitcoins for its known portfolio.JOHN BAMBENEK / NEONAZI BTC TRACKER

Bambenek is currently looking for a major contributor to the Daily Stormer, which donated 14.88 bitcoins – then worth about $ 56,000 – shortly after the Charlottesville Rally.

"While cryptocurrency is often anonymous, if you've made your public address available, it's known to be related to you, so people can see the incoming and outgoing funds portfolios through the chain of blocks," added Bambenek. .

Bambenek has contacted bitcoin and cryptocurrency exchanges to let them know who they are providing services to, but has had little success in closing portfolios associated with neo-Nazis.

"I recently came across a neo-Nazi using an Israeli bitcoin exchange, which I found quite ironic," added Bambenek.

However, the Daily Stormer lost its dot-com status last year and had trouble finding a provider to host the site after comments posted on the site about Heather Heyer, the counter-protester killed by a neo-Nazi in Charlottesville.

In November, the site came back with a new .red domain name, registered via GKG.net, and now uses a .name address. The site displays a QR code of bitcoin wallet address on its homepage, asking users for donations.

The Daily Stormer asks users for cryptocurrency donations on its home page.The Daily Stormer