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Kim Dotcom Offers 10% of K.im Bitcoin Fees to Julian Assange Ahead of $8M IEO

By on October 30th, 2019 at 5:39 pm UTC · 3 min read

Kim Dotcom has declared his support for Julian Assange by donating 10% of his new firm’s transaction fees to the latter.

Bitcoin (BTC), Crimes, Cryptocurrency News, IEO News
Photo: K.im / LinkedIn
Photo: K.im / LinkedIn
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Entrepreneur and Bitcoin entrepreneur Kim Dotcom said his newly founded company K.im is supporting WikiLeaks founder, Julian Assange. Yesterday we reported about how K.im was created in order to merge internet with the Bitcoin so there could be a platform that allows artists, content creators and digital businesses to sell their content and digital goods without censorship, outside of monopolies and, what’s most important – without the middleman.

In a tweet on the same day, Dotcom said 10% of K.im’s transaction fees were going towards helping Assange’s ongoing legal battle.

He tweeted:

Dotcom also said:

“This may provide sufficient Bitcoin for his defense and enable Wikileaks to increase its truth-telling capabilities. Stay strong!”

Assange is facing the possible extradition to the United States on charges of reportedly trying to break into a Pentagon computer. His potential jail time amounts to 175 years, meaning literally the death sentence. Last week, a judge in London denied his attempt to delay his U.S. extradition case.

Assange’s lawyers had asked for more time “to gather evidence” but District Judge Vanessa Baraitser denied the appeal ruling out that a full hearing will begin in February next year.

He was jailed for 50 weeks in May for not obliging his bail conditions after he went into hiding in the Ecuadorian Embassy in London for nearly seven years so he could run away from extradition to Sweden over sex offense allegations – which he has denied.

After Assange was denied delaying extradition, Dotcom called the treatment of Julian Assange “speaks volumes about the rotten character of the intelligence community (deep state).”

WikiLeaks already accepts donations in multiple cryptocurrencies. Until today, its Bitcoin wallets have gathered in excess of 4,000 BTC ($37 million).

Assange was always fond of Bitcoin and not just that, back in 2017 he admitted heavily investing in the cryptocurrency.

He then wrote:

“My deepest thanks to the U.S. government, Senator McCain, and Senator Lieberman for pushing Visa, MasterCard, Paypal, AmEx, Moneybookers, et al, into erecting an illegal banking blockade against @WikiLeaks starting in 2010. It caused us to invest in Bitcoin—with > 50,000% returns.”

He also called Bitcoin “the most intellectually interesting development in the last two years” and added that the next important innovation in the financial sector will involve Bitcoin.

The planned fundraising goal for WikiLeaks is currently set at $8 million, with verified investors able to contribute a maximum of $50,000 each. Holders of Bitfinex’s in-house token, UNUS SED LEO, will have the possibility to double their contribution.

In other news, North Queensland politician George Christensen is fighting to bring Julian Assange home and will seek the British Government’s permission to meet with him before his full extradition hearing next year. He said WikiLeaks did everything in the public interest when it revealed classified information, including diplomatic cables leaked by US intelligence analyst Chelsea Manning back in 2010.

“He has published information that may have been sensitive in the United States, but he wasn’t in the United States when he published it, nor is he a citizen of the United States. What I’d like to know is whether poor treatment may have affected his poor state of health and [how] the circumstances of his jailing have impacted on that,” said he.

Teuta Franjkovic
Author: Teuta Franjkovic

Experienced creative professional focusing on financial and political analysis, editing daily newspapers and news sites, economical and political journalism, consulting, PR and Marketing. Teuta’s passion is to create new opportunities and bring people together.

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