AssangeDAO members: 12,161 ETH was used for Assanges legal defense and activities, and more than 4,431 ETH was not used

Odaily News AssangeDAO member Silke Noa posted on X that the Wau Holland Foundation (WH) has released a preliminary transparency report disclosing AssangeDAOs expenditures of 16,593 ETH raised to rescue Assange. According to the report, 12,161 ETH have been used for legal fees and public relations so far, including certain advance payments made by WH before The Clock raised funds. In addition, these figures clearly show that AssangeDAOs 10,000 contributors actually funded Assanges freedom. Specifically, in 2021, WH received 63,000 euros in donations and spent 194,000 euros on Assange activities; in 2022, WH used 3,800 ETH (about 5.98 million euros) from the Assange Fund, plus 264,000 euros in independent donations to pay lawyers and public relations activities. The report mentioned that pending invoices for legal fees and other matters for 2024 are not expected to be provided to WH until mid-August, and it still needs to clarify whether there are any ongoing lawsuits that require continued support. 5% of AssangeDAO funds (valued at 829.65 ETH on May 9, 2022) are retained by WH as reserves to cover WH internal costs (IT infrastructure, expenses, travel costs, office costs), and the relevant multi-signatures indicate that 329.65 ETH remain in the reserve account. The report also lists payments to the Assange Campaign International, which also funded Assanges extensive Australian activities and received 3.5% of the donations (ie 580.755 ETH). The report shows that 12,161 ETH were only redeemed for a total of 16.66 million euros. As of the date of the transfer on March 13, 22, 12,161 ETH was worth €28.7 million/$31.2 million (now $37.1 million). This may be due to the fact that some funds were transferred in the crypto bear market without treasury preservation management, or due to additional transaction fees. To date, AssangeDAOs 4431.5993 ETH (now $13.54 million) funds (matching on-chain data) remain unused. Noa said he hopes and looks forward to making a decision on the arrangement of the remaining funds in full cooperation with the AssangeDAO community. Earlier, AssangeDAO member Silke Noa posted on the X platform that in order to rescue Assange, more than 11,000 ETH (US$37 million) of the 16,593 ETH net value raised by AssangeDAO to purchase The Clock has been used for legal defense and publicity activities. It is reported that the allocation of this part of the funds is managed by the multi-signature address of the Wau Holland Foundation: 0x5D…6143. In the past, due to security reasons, the allocation of funds could not be completely transparent. Now the Wau Holland Foundation is urged to provide detailed accounts of how the funds are allocated.