Report said that a decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 Ether (ETH) or around $38.8 million at current prices.
It has been reported that Assange is currently fighting extradition to the United States following a court ruling in December that overruled a British court ruling barring extradition. He is currently locked up in a London prison where he has been since 2019.
However, donations started rolling last Friday, as the community funding platform hosting the campaign. Funding accelerated over the weekend, doubling over the past 24 hours to the current level. According to AssangeDAO, it is now the largest JuiceBox Ether raise in history, exceeding ConstitutionDAO’s, which raised funds in November to purchase an original copy of the United States Constitution.
The report said that the comparison has been made in ETH terms, which was priced much higher in November. Back then, the dollar value raised by ConstitutionDAO was around $49 million. AssangeDAO is described as a “collective of cypherpunks” aiming to raise ETH in return for JUSTICE governance tokens. These will be used to bid on a nonfungible token collection called “Censored” by digital artist Pak in collaboration with Julian Assange.
Likewise, the proceeds from the sale will go toward Assange’s defense fund for “legal fees and campaigning to raise awareness about Julian’s extradition case.” The genesis of AssangeDAO began in a Telegram group in mid-December on the day that the US government won its appeal of a United Kingdom court ruling that barred Assange’s extradition.
The official website stated that if extradited to the United States, Assange faces 175 years in prison for publishing truthful information. The concept was inspired by the FreeRossDAO, which raised $12 million to free Ross Ulbricht, founder of the dark web marketplace Silk Road.
Thus, Assange has been held in London’s Belmarsh prison where he has been for the past three years. He had previously spent almost seven years holed up in the Ecuadorian Embassy in London, protected by asylum status.