Cryptoknowmics
2022-02-09 07:45:12

AssangeDAO Concludes Raise with $53M to Free WikiLeaks Founder

A decentralized autonomous organization (DAO) that is raising money to support WikiLeaks founder Julian Assange’s legal defense has concluded its raise for a whopping 17,422 Ether (ETH) worth roughly $54.2 million. BREAKING: Almost US $55m ($54.2m/ 17,422 ETH) raised by over 10,000 @AssangeDAO contributors in defense of #WikiLeaks publisher Julian Assange at end of funding cycle Fund now available for bidding on the @muratpak'Clock' auction:https://t.co/d0vHsPWhkA — WikiLeaks (@wikileaks) February 8, 2022 This is the largest JuiceBox Ether raise in history, exceeding even that of ConstitutionDAO which raised funds in November to buy the original copy of the US Constitution. AssangeDAO describes itself as a group of ‘cypherpunks’ that was launched on Dec. 10, in response to a court ruling in the UK that declared Assange extradition to the US, where he faces 175 years in prison. The AssangeDAO intends to use the fund to bid on a one-of-a-kind NFT called ‘Censored’ produced by digital artist Pak in collaboration with Assange. The piece, called ‘Clock 1/1,’ is a muted clock that counts the days that Assange has spent behind bars. Proceeds from the auction will benefit the Hamburg, Germany-based nonprofit Wau Holland Foundation for Assange’s legal defense and additional awareness campaigns as he fights extradition to the US this month. The concept was inspired by the FreeRossDAO, which raised $12 million to free Ross Ulbricht, foun...

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