- Since Julian Assange was released from the UK’s Belmarsh prison, AssangeDAO’s token has increased by more than 80%. Assange is allegedly getting ready to enter a plea of guilty to a single charge in exchange for a possible early release.
After spending 1,901 days in the UK’s high-security Belmarsh jail, Julian Assange was out on Monday. Since then, the value of AssangeDAO’s token (ticker: JUSTICE) has surged by more than 80%.
AssangeDAO was founded in February of this year with the goal of generating funds to aid WikiLeaks founder Julian Assange in his fight for freedom. A member of AssangeDAO stated on Tuesday in an X post that over 11,000 ETH, or $37 million, of the 16,593 ETH that AssangeDAO has raised since its creation has been set aside for advocacy and legal defense.
This week, Julian Assange will go on trial
The token’s value surged after Assange visited Saipan, the capital of the Northern Mariana Islands (NMI), a U.S. commonwealth in the western Pacific, on Monday.
The founder of Wikileaks is traveling to a courthouse on the island, where he is scheduled to enter a plea on Wednesday to a single criminal charge. If he accepts the plea, he may be able to avoid prosecution and return to Australia, ending his five-year legal battle.
Wikileaks tweeted on X on Tuesday that Julian Assange’s aircraft VJ199 landed in Bangkok a few hours ago. He will shortly enter American airspace and appear before a U.S. judge.
Assange is accused of breaking the U.S. Espionage Act
In his case, Assange is accused of spying on the United States government after he released a massive collection of papers on Wikileaks that purportedly showed war crimes the American military had perpetrated in Iraq and Afghanistan.
The documents were given to WikiLeaks by Chelsea Manning, a whistleblower who was then serving as an intelligence analyst for the U.S. Army in Iraq.
Under the U.S. Espionage Act, the U.S. Department of Justice filed many charges against the founder of Wikileaks in 2019. The total maximum sentence he may receive if proven guilty of these counts is theoretically greater than 170 years.
But Assange has reportedly struck a plea agreement with the US Department of Justice, acknowledging only one of the eighteen charges, according to WikiLeaks. Due to the years he spent in a UK prison awaiting the charges, even though he faces a 62-month imprisonment sentence if found guilty of this one offense on Wednesday, the time will be deemed served.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
