Feminist Coalition has been accused of secretly transferring $51,000 (N23m) worth of bitcoin from donations received during #EndSARS protest that rocked Nigeria last October, into another wallet.
The not-for-profit organisation gained prominence over their active involvement during the demonstrations in October, 2020.
They helped in organising crowd funding platforms as well as the disbursements of funds and essentials aids to protesters across the country.
Through crowdfunding, the protest received over #147 million in cash and bitcoins from all over the world, which Feminist Coalition as an organisation coordinated to help purchase medical supplies, provide legal aids, food, relief and other necessary supplies for #EndSARS protesters.
Many of the members of the organization like Modupe ‘Mochievous’ Odele and Feyikemi ‘FK’ Abudu spearheaded sub-groups, providing legal services, transporting foods/drinks and other essentials services.
Read Also: #EndSARS: Feminist Coalition Stops Receiving Donations, Urges Protesters To Observe Curfew
During the protest, the organization in a statement, said that their bank account made was frozen by CBN, which resulted to receiving Bitcoin donations
Furthering promote the cryptocurrency wallet for the donation, Twitter CEO Jack Dorsey via his official account asked his followers to donate via the Coalition’s Bitcoin address.
However, there are an allegations that the Coalition has secretly withdrew $51,000 worth of Bitcoin from their donation wallet on March 5.
Read Also: Davido, FK Abudu, Feminist Coalition And Olugbenga Agboola Make 2021 TIME 100 Next List
According to a Twitter user @RX_Deyholar who brought up the allegation in a tweet made on March 12, claimed that the coalition has cleared the bitcoin donation from their wallet since March 5.
Feminist co withdrew $51,000 worth of Bitcoin from their donation wallet on the 5th of this month silently.
— Adeola of Lagos
(@Rx_Deyholar) March 12, 2021
The Twitter user then shared a link to proof that the Bitcoin wallet address is owned by Feminist Coalition.
Before the video loads, use this linkhttps://t.co/YIhYz4XPny
— Adeola of Lagos
How do you confirm that feminist co owns that wallet?
Well..https://t.co/8xT67eWZ5r
— Adeola of Lagos
This toohttps://t.co/bzVAqBrBDQ
— Adeola of Lagos
The person then shared a video of transactions that have taken place on the wallet, amounting to about 19 transactions.
And video..https://t.co/f0aeb3QYhH
— Adeola of Lagos
Giving an update shortly after, the Twitter user revealed that the Bitcoin withdrawn from the wallet was transferred into a fresh Bitcoin wallet, alleging suspicious activities by the feminist group.
Update:https://t.co/S5rgzWgFPt
— Adeola of Lagos
The group, who has in time past been accused of not being transparent with their expenses during and after the protest, was yet to react to the allegations, as at the time of filing this report.
The post Feminist Coalition Accused Of Secretly Transferring N23m Worth Of Bitcoin From #EndSARS Donations To Another Wallet (Video) appeared first on MojiDelano.Com.