One of the most prominent terrorist attacks associated with far-right ideology in recent years does not appear to have been directly supported by external funding. While this activity isnвЂ™t illegal, the president of Insight Threat Intelligence and an expert on terrorism financing, Jessica Davis, says that in other cases regulators are challenged by the blurry line between fundraising that supports activities such as the creation of propaganda and the risk that some extremists may use it to support acts of terror. Sewell is pleading not guilty to the charges.Дonation requests by the Australian far right вЂ“ albeit for legal fees as well as content creation or lifestyle needs вЂ“ can serve to solidify ties with followers as well as provide the chance to engage with international networks. In December alone, support requests for both bitcoin and monero donations were shared into Telegram channels associated with US and Australian far-right livestreamers with tens of thousands of followers, as well as accounts linked to AustraliaвЂ™s anti-lockdown movement. While bitcoin may have created eye watering profits for вЂњearly-adopterвЂќ rightwing extremists, privacy coins like monero вЂ“ which attempt to obscure the origin and destination of transactions вЂ“ also appear to be increasingly embraced by far-right groups.ДЄfter the National Socialist NetworkвЂ™s Thomas Sewell was charged with a number of offences this year in connection with an alleged assault and an alleged armed robbery, there was a donation drive to cover the AustralianвЂ™s legal fees. Of course an interest in cryptocurrencies is not on its own indicative of racism or extremism, but a recent analysis by the Southern Poverty Law Center (SPLC) found a cohort of white supremacists largely originating from North America has likely generated вЂњa substantial profitвЂќ from bitcoin by getting in early, giving them access to funds вЂњthat would almost certainly be unavailable to them without cryptocurrencyвЂќ.Д¬ontroversial Canadian вЂњalt-rightвЂќ figure Stefan Molyneux, who denies being a white supremacist but was pushed off YouTube for his commentary about women and вЂњscientific racismвЂќ, has received at least 1,250 bitcoin from supporters according to the SPLC (one Bitcoin was worth A$68,647 at the time of writing).ДЄs was posted in March on a Telegram channel associated with Blair Cottrell, who was convicted by a Victorian court of inciting hatred of Muslims in 2017: вЂњcrypto is actually making a lot of our guys rich.вЂќ These included donation requests via wallet addresses for cryptocurrencies such as bitcoin, monero, ethereum and litecoin. For rightwing extremists looking to monetise hate, that can be a big opportunity вЂ“ and the earning potential of these digital assets hasnвЂ™t gone unnoticed in Australia.Д®arlier this year, I traced funding networks associated with a sample of Australian channels that share rightwing extremist content on the chat app Telegram, and found links to at least 22 online funding tools. There have never been more ways to ask for money on the internet.

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