Crypto Exchanges Under Fire for Hosting Extremists While Congress Proposes New Law to Curb Militia Activity
Washington D.C. – Exchanges that allow users to convert cryptocurrency into traditional currency are facing scrutiny for hosting white supremacists and neo-Nazis. A recent report from the Anti-Defamation League revealed that many of these exchanges have no policies in place to prevent extremists from using their platforms. The report tracked over $140,000 in extremist financing and raised questions about why these exchanges have not taken stronger action against hosting extremists. According to the Anti-Defamation League’s findings, 15 individual domestic extremists and extremist groups were monitored as they moved cryptocurrency through 22 different exchanges in 2023. … Read more