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The Southern Poverty Law Center (SPLC) issued a new report on the use of bitcoin and other cryptocurrencies by white supremacists and far-right extremists. In the report, Megan Squire, senior fellow for data analytics, and senior investigative reporter Michael Edison Hayden, link 600 addresses to white supremacists, estimating they hold “tens of millions of dollars” worth of value. Kevin Collier and Brandy Zadrozny, writing for NBC News, then picked up the story, running with the headline, “Bitcoin Surge Was A Windfall For White Supremacists, Research Finds.”





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