Silke Noa, a member of AssangeDAO, shared in a recent post that a significant portion of the 16,593 ETH, which amounts to around 11,000 Ether worth $37 million, has been utilized for legal defense and advocacy efforts by AssangeDAO’s The Clock to support the release of Julian Assange.
Noa clarified that the allocation of 16,593 Ether (ETH) was managed by the Wau Holland Foundation through their Safe.global multisig wallet address. Assange, an Australian journalist and activist, is the founder of WikiLeaks, a platform known for publishing classified and sensitive documents, and has been in custody since April 2019.
The CEO of Nym, Harry Halpin, spoke with Cointelegraph and revealed that Nym recognized the urgent need for funds in Julian Assange’s legal defense. Recognizing the severity of Assange’s situation, they believed that this type of fundraising could be utilized to support his legal battle.
Furthermore, Joshua Bate, a core team member of AssangeDAO, explained to Cointelegraph that the funds were raised through contributions from onchain and cypherpunk communities. This initiative helped to raise awareness and encouraged decentralized community action in support of Assange’s cause.
In addition, the funds raised on-chain were used to purchase a unique non-fungible token (NFT) known as the Pak NFT, which was created in collaboration with Julian Assange himself, as informed by Bate.
Another core team member of AssangeDAO, who was instrumental in designing the initial governance structure of AssangeDAO, spoke with Cointelegraph about the Pak NFT. They expressed that this event could be considered a significant milestone, marking the first time the NFT community has contributed to the release of an individual from prison.
Nevertheless, they emphasized that it is not yet time for celebration until all matters are fully resolved.
Silke Noa a member of the AssangeDAO reveals 37M expenditure on Assanges rescue mission