Far-Right's Cryptocurrency Connection Sparks Concerns
The far-right is increasingly embracing cryptocurrency, with billionaire donors backing parties and activists raising funds in Bitcoin. Al Jazeera's investigation into this growing trend has shed light on what's behind it.
Billionaire donors have been investing heavily in far-right parties, using their wealth to influence the direction of these groups. This financial support is not limited to individual donors; some companies are also getting involved, providing significant funding to right-wing politicians and parties.
The use of Bitcoin for fundraising by far-right activists is another aspect of this trend. By using cryptocurrency, these individuals can remain anonymous and avoid detection by law enforcement agencies. This has raised concerns about the potential for illicit activities, such as money laundering, to be facilitated through these channels.