WikiLeaks And Bitcoin: A Crypto Love Story?

The story of WikiLeaks and its move to Bitcoin is a popular one amongst crypto investors. When WikiLeaks had first come out, it quickly gained popularity for publicizing news leaks and classified information on its site. Founded in 2006, the not-for-profit organization has had an interesting history, one of those being its founder, Julian Assange, being sent to prison. Even more interesting is the organization’s history with leading cryptocurrency bitcoin. The anonymous whistleblower platform had gotten on the government’s bad side over leaked documents that contained sensitive and classified military information. The organization which depended largely on donations had suffered greatly from this as payments processors like Visa and Mastercard had distanced themselves from the entity. WikiLeaks Turns To Bitcoin After being cut off from traditional methods of payment, WikiLeaks had turned to the next best thing. At this point, the organization needed something that could not be tracked or controlled by the government and it turned to bitcoin donations for this. Julian Assange had accused the U.S. government of endorsing what he referred to as “an illegal banking blockade” against WikiLeaks, forcing entities like AmEx, Visa, PayPal, etc, to stop supporting the organization. Related Reading | Could An Elon Musk Time Magazine Cover Predict The Crypto Cycle Peak? According to Assange, this had spurred the entity’s move into bi...