Cryptocurrencies

Far Right Groups Get Bitcoin Windfall Weeks Before Capitol Riot

  • At least one recipient part of pro-Trump events on Jan. 6
  • Programmer had also donated to their causes earlier last year
Bitcoin Moving Into 'Speculative Frenzy,' Guggenheim's Minerd Says
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Far-right groups and personalities received a windfall last month and evidence “strongly suggests” it came from a now-deceased computer programmer based in France, according to the researcher Chainalysis Inc.

On Dec. 8, the donor sent 28.15 Bitcoins, worth about $522,000 at the time of transfer, to 22 separate addresses in a single transaction, according to Chainalysis, whose clients include law-enforcement agencies. Web personality Nick Fuentes, who the Anti-Defamation League describes as a white supremacist, received the largest portion -- about $250,000 -- -- and other recipients included the anti-immigration organization VDare and “alt-right streamer” Ethan Ralph, the researchers said.