Julian Assange’s Shocking Plea Deal with U.S. Sends This Crypto Soaring

Key Takeaways:

  • Julian Assange freed after plea deal with U.S. authorities.
  • AssangeDAO's JUSTICE token surged 23.56% following Assange's release.
  • Assange's June 25 hearing could impact AssangeDAO's JUSTICE token even further
Julian Assange
Julian Assange

LUCKNOW (CoinChapter.com) — WikiLeaks founder Julian Assange has been freed from London’s Belmarsh Prison after striking a plea deal with U.S. authorities. This news led AssangeDAO’s JUSTICE token to surge in value.

Julian Assange, who spent over five years behind bars, has agreed to plead guilty to a single count of conspiracy to obtain and disclose U.S. national defense information. In exchange, he’s likely to be sentenced to time already served—approximately five years and three months. The High Court granted Assange bail, and now he can return to his native Australia.

Julian Assange has been freed from London's Belmarsh Prison
Source: X

AssangeDAO Token’s Value Surged 23%

The crypto community has responded swiftly to this news, with AssangeDAO’s JUSTICE token seeing a 23.56% increase in just 24 hours.

AssangeDAO Token's Value surged 23%
AssangeDAO’s JUSTICE token value surged 23% in the last 24 hours. Source: CoinMarketCap

AssangeDAO, a collective of cypherpunks dedicated to Assange’s liberation, created the JUSTICE token as part of their fundraising efforts. The organization previously made headlines by auctioning a unique NFT collaboration between Assange and renowned digital artist Pak. These initiatives aimed to raise both funds and awareness for Assange’s complex extradition case.

The token’s current price is $0.0003339, and its 24-hour trading volume has skyrocketed to $733,992 – a 681.53% increase. This surge has pushed AssangeDAO’s market cap to $3,137,693.

The 2010 Document Dump That Changed Everything

To understand the full picture, it’s crucial to revisit the events that led to Assange’s legal troubles. In 2010, WikiLeaks published over 700,000 classified U.S. documents and diplomatic cables related to the wars in Afghanistan and Iraq. This act not only put Assange in the crosshairs of U.S. authorities but also inadvertently thrust Bitcoin into the spotlight.

When PayPal severed ties with WikiLeaks in December 2010, the organization turned to the then-nascent Bitcoin as an alternative fundraising method. This move marked one of the first high-profile use cases for Bitcoin, catching the attention of its anonymous creator, Satoshi Nakamoto. At that time, the Bitcoin creator expressed concerns about the potential heat it could bring to the fledgling cryptocurrency.

Julian Assange next hearing is scheduled today on June 25 on the island of Saipan. The outcome of this case could have far-reaching implications for the future of AssangeDAO’s JUSTICE token.

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