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DAO raises $38 million

 


Numerous donations have been received in recent days in support of the fight for the freedom of Julian Assange.


The DAO, established to help free WikiLeaks founder Julian Assange, is proving a resounding success. At the time of writing, 12,569 ETH have already been raised with a current value of $38.8 million. According to JuiceBox, the community funding platform that runs the campaign, the first donations came in on February 4th. Last weekend, the campaign really picked up speed again and then reached the current status.


According to the DAO's Twitter feed , it is now the largest JuiceBox Ethereum fundraiser in the history of the platform. It surpasses that of ConstitutionDAO, which raised funds to purchase an original copy of the United States Constitution in November.


However, this comparison is only correct if you take the ETH number as a reference value. Since the price of the second largest cryptocurrency was significantly higher then than it is now, ConsitutionDAO brought in the equivalent of around 49 million US dollars. 


The AssangeDAO is bidding on an NFT artwork by Pak called “Censored”. This was created in direct cooperation with Assange. The indictment against Assange is seen worldwide as symptomatic of the state's handling of press freedom. If extradited to the US, the WikiLeaks founder could face up to 175 years in prison. The legal tug-of-war over the native Australian has now lasted for more than a decade. 


Assange can appeal US verdict


The AssangeDAO emerged from a Telegram group. The trigger was a court decision in December. The US government had been able to enforce its appeal against a British court ruling prohibiting the extradition of Assange. A British court initially prohibited Assange's extradition to the United States, citing his unstable psyche and the associated risk of suicide. However, as things currently stand, Assange has the right to have this decision reviewed by the local Supreme Court. The AssangeDAO concept was inspired by the FreeRossDAO organization . She managed to raise $12 million to free Ross Ulbricht, founder of the Dark Web marketplace Silk Road.

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