April 13, 2024

How white supremacists and Nazis use crypto to fundraise for hate

Domestic extremists who receive and send money via cryptocurrency are using major online exchange companies, and those platforms put almost no limits on the activities of hate groups or their sympathizers.

That’s the key finding of a new report from the Anti-Defamation League’s Center on Extremism, provided exclusively to USA TODAY. 

The advocacy organization found users sent money to white supremacist and neo-Nazi groups including the Goyim Defense League, NSC-131 and the National Socialist Movement, and to online extremist propaganda outlets like Counter-Currents and Radio Albion, all using major cryptocurrency exchanges. 

The report focuses on only a small number of extremists and extremist groups, which the ADL said it could track because they had posted their cryptocurrency information publicly. But it raises larger questions about the extent to which extremists thrive on cryptocurrency without significant pushback. 

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