Stefan Molyneux Will get $100Ok in Crypto Donations After YouTube Ban

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Stefan Molyneux Will get $100Ok in Crypto Donations After YouTube Ban

On-line supporters have donated almost $100,000 in cryptocurrency to white supremacist and alt-right activist Stefan Molyneux following his elimina



On-line supporters have donated almost $100,000 in cryptocurrency to white supremacist and alt-right activist Stefan Molyneux following his elimination from YouTube for “fomenting violence and hatred.”

After Molyneux posted a video to his Twitter account on June 29 stating YouTube had banned him from the platform, he issued a request for donations in cryptocurrency by means of his web site. The alt-right determine lists addresses for Bitcoin (BTC), Bitcoin Money (BCH), Ether (ETH), Sprint (DASH), Skycoin (SKY), Dogecoin (DOGE) and Monero (XMR).

As of press time, his supporters have despatched 433 BCH, dozens small Bitcoin transactions of largely 0.001 BTC or much less, three small ETH donations totaling roughly $10, 0.three DASH, no Skycoin, and no DOGE. Altogether, the white supremacist netted about $100,000 in crypto since June 29.

Molyneux made an analogous request for crypto donations to his social media followers in January, when YouTube revoked his channel’s YouTube Accomplice Program. This motion prevented him from incomes cash on the platform. 

“We’ve strict insurance policies prohibiting hate speech on YouTube, and terminate any channel that repeatedly or egregiously violates these insurance policies,” a spokesman for the platform advised CNN in response to the ban, saying that Molyneux’s elimination was a part of an replace to “higher tackle supremacist content material” selling such speech. 

The Southern Poverty Regulation Middle (SPLC) describes Molyneux as “a talented propagandist and an efficient communicator inside the racist alt-right and pro-Trump ranks” selling scientific racism and eugenics. At press time, his Fb and Instagram pages are nonetheless lively, however his PayPal account was terminated in November.

Not all neo Nazis getting paid

YouTube eliminated six high-profile alt-right figures selling hate speech and violence on its platform in June. Becoming a member of Molyneux is Richard Spencer, the American Renaissance group, former KKK chief David Duke, and others. Richard Spencer is the white nationalist well-known for calling BTC the “foreign money of the alt-right.”

The SPLC at present tracks recognized Bitcoin wallets that assist present donations to neo Nazis like Molyneux. Spencer’s addresses have acquired solely 0.88920026 BTC — roughly $8,135 at press time — however not one of the donations had been made following his channel ban yesterday. The one recognized tackle for American Renaissance reveals no donations in any respect.

The middle says hate group leaders and different influential extremists want crypto donations as a result of “no firm and no authorities” can intervene to cease the cash from flowing to less-than-reputable causes. 

Some teams just like the SPLC have at the least tried to trace any funds going in the direction of white supremacists. Cointelegraph reported following the alt-right rally and homicide in Charlottesville {that a} Twitter bot — NeonaziWallets — was offering updates each time a BTC transaction is posted to recognized wallets managed by neo-Nazis.





cointelegraph.com