Crypto donations to extremist groups rise in Europe — Report
Crypto donations to extremist groups have declined worldwide but are rising in Europe, while North America remains at the top of the charts.
Cryptocurrency donations to extremist groups have dipped globally but are rising in Europe, according to a report from blockchain data platform Chainalysis.
The report, shared with Cointelegraph, shows most crypto donations to extremist groups came from North America prior to 2017. Since then, Europe has been steadily capturing inflows. Between 2022 and 2024, for instance, Europe accounted for nearly 50% of extremist group onchain activity.
Not only are crypto donations to extremist groups in Europe increasing, but the size of those donations and donor intensity are rising as well. From 2023 to 2024, at least five types of extremist groups experienced an increase in size of deposits year-over-year: white nationalist (270%), nationalist (164%), conspiracy (70%), anarchist (35%) and antisemitic (22%), notes the report.
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Author: Christopher Tepedino