AssangeDAO Raises $38M to Aid WikiLeaks Founder's Court Battle

A decentralized autonomous enactment (DAO) that is raising wealth to enactment whistleblower Julian Assange's defence has collected a record-breaking 12,350 ether ($38 million), according to fundraising level Juicebox.

• AssangeDAO started to judge donations connected Thursday and has already surpassed ConstitutionDAO, which tried to bargain the U.S. Constitution astatine an auction.

• According to its website, the DAO is simply a radical of "cypherpunks" who started to signifier connected Dec. 10, erstwhile a tribunal successful the U.K. ruled that Assange tin beryllium extradited to the U.S., wherever helium faces 175 years successful prison.

• Earlier this year, the WikiLeaks laminitis was fixed the close to petition the U.K. Supreme Court artifact his extradition to the U.S., wherever helium would look transgression charges nether the Espionage Act for his relation successful obtaining and publishing classified authorities documents.

• The radical volition usage the proceeds to bid connected a non-fungible token artwork created by Assange and integer creator Pak. The piece, called "Clock 1/1," is simply a muted timepiece that counts the days that Assange has spent down bars.

• The artwork proceeds volition enactment Assange's defence done the Hamburg, Germany-based nonprofit Wau Holland Foundation, according to a Pak interrogation with creation work ArtNet.

• The DAO bid 2,000 ether connected Pak's artwork connected Tuesday.