Crowdfunding is a relatively new way to raise money for causes, businesses and people. However, there’s an even more modern option that lets you use cryptocurrencies to fund those things.
While extremist groups are well financed, little research has been carried out on how they the internet to use crowdfunding and cryptocurrencies. To date, research into their online activities has focused predominantly on their propaganda and recruiting on social media. However, there have been several instances in which the far right and jihadi groups have used both crowdfunding and cryptocurrencies, and in some instances have crowdfunded cryptocurrencies.