Far-Right Cryptocurrency Follows Ideology Across Borders | State and regional
By ERIKA KINETZ and LORI HINNANT Associated Press
BRUSSELS – The Daily Stormer website defends the purity of the white race, publishes hateful and conspiratorial screeds against blacks, Jews and women and has helped inspire at least three racially motivated murders. It also made its founder, Andrew Anglin, a millionaire.
Anglin has appealed to a global network of supporters to receive at least 112 Bitcoins since January 2017 – worth $ 4.8 million at today’s exchange rate – according to data shared with The Associated Press . He’s probably even higher.
Anglin is just one very public example of how far-right provocateurs collect large sums of money from around the world with cryptocurrencies. Forbidden by traditional financial institutions, they have taken refuge in digital currencies, which they increasingly covertly use to avoid oversight of banks, regulators and courts, finds an AP scan of legal documents, Telegram channels and blockchain data from Chainalysis, a cryptocurrency analytics company.
Anglin owes more than $ 18 million in court judgments in the United States to people he and his supporters have harassed and threatened. And when he’s online, he remains visible – most of the time dozens of stories on the Daily Stormer’s homepage bear his name – in the real world, Anglin is a ghost.
His victims tried – and failed – to find him, searching one address after another in Ohio. Voting records put him in Russia in 2016 and his passport shows he was in Cambodia in 2017. After that, the public track cools down. He has no obvious bank accounts or real estate in the United States. For now, his Bitcoin fortune remains out of reach.