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Over $38 million is raised by the DAO to free Julian Assange

Ethereum holders have banded together to prevent Wikileaks founder Julian Assange from being extradited to the US.

A newly established DAO is gathering funds to prevent Julian Assange, the founder of Wikileaks, from being extradited to the United States. The pot, known as “AssangeDAO,” has already raised more than $38 million in ETH since its inception on Thursday.

The DAO’s declared objective, according to assangedao.org, is to “inspire a powerful solidarity network and fight for Julian Assange’s freedom.” The cash will be used to pay Assange’s legal bills while also raising public awareness of his situation, thanks to the efforts of a group of cypherpunks. They will also increase awareness of his case’s “free speech consequences.”

AssangeDAO has raised 12,575 ETH at the time of writing, according to Juicebox, a service for creating project funding using DAOs. Given the recent surge in the cryptocurrency market, that alone is worth nearly $39,000,000.

This officially makes it the largest Juicebox Ethereum fundraiser in history, surpassing the “ConstitutionDAO” that inspired it in part. The latter was established in order to purchase an original copy of the United States Constitution, and it has raised 11,613 ETH since its creation.

Those that donate to the AssangeDAO receive the JUSTICE governance token, which grants them control over the DAO’s future course. The funds will be used to bid on an NFT collection titled “Censored” created by artist “Pak” in partnership with Assange. It will be auctioned off later today.

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On December 10th, the United States won an appeal against a British court order that barred Assange’s extradition to the United States. On the same day, the AssangeDAO began to form on Telegram.

“If extradited to the United States, Assange faces 175 years in prison for publishing truthful information,” reads the site.

Assange gained widespread recognition after posting hacked documents from US Army Intelligence Analyst Chelsea Manning via Wikileaks. He then began hiding from the US under refugee status at the Ecuadorian Embassy in London but was removed after seven years. He has now been imprisoned in London’s Belmarsh prison for three years and has become a global symbol of free expression.

Naturally, the Assange family appreciated Bitcoin’s and cryptocurrency’s resistance to repression. Julian’s half-brother Gabriel Shipton joined the AssangeDAO Telegram group and even spoke at the Bitcoin Conference in Miami last year.