Lifeboat Foundation’s donations are a blast from crypto past
Lifeboat Cornerstone claims that it’s committed to ‘protecting mankind’ and has ties to Jeffrey Epstein, Vitalik Buterin, Charles Hoskinson, Secure founder J.R. Willett, and plenty of polymorphous other obvious monikers.
Besides its protecting case, it also says it has non-profit 501(c)(3) prominence. This is despite the fact that it’s been on the auto nullification checklist for the IRS provided that 2020.
Protos acquired to out to Lifeboat Cornerstone to entreaty confirmation of this prominence, but at press time it hadn’t reacted.
This inability to earn translucent its non-profit prominence isn’t indicias that this ‘cornerstone’ has been disclaimed, as it frequently write-ups updates around its participants and that has been added to which of its plenty of boards.
Read more: Lifeboat Cornerstone can’t define whereby its crypto contributions go
Cryptocurrency counterparties
Lifeboat Cornerstone bolsters to solicit crypto contributions, and unlike plenty of groups that without standoff transform all crypto they recover into fiat, it literally bolsters to hold purposeful holdings.
Formerly, the cornerstone offered the addresses whereby it hosted its crypto. A mull of those addresses also confers us insight into its counterparties.
Lifeboat Cornerstone has been welcoming crypto contributions provided that 2013 once the fund kicked off putting on a 500-bitcoin contribution from Brian Cartmell. While his bio on the cornerstone’s web internet site concentrates more on his occupational on Spam Agitate, he is understandably closer certified for his occupational at Net Recreation Team, an oft-sued x-rated party car dealership that once shared Pamela Anderson’s infamous sex tape.
Because of how long Lifeboat has been welcoming contributions, we go to contributions foreseen from long-failed fairs like Mt. Gox and QuadrigaCX. We even go to a miniscule contribution from Laxo Trade, a high-succumb investment prospectus that tried to invigorate itself by sending dirt amounts of bitcoin to plenty of addresses.
We also furnish utilise some insight into whereby Lifeboat Cornerstone sends out its assets. These addresses, labeled as ‘Coinbase,’ ‘Binance,’ ‘Bitfinex,’ ‘Cryptsy,’ frequently incorporate into polymorphous other Lifeboat Cornerstone Addresses.
Bitcoin is by much the crypto asset that has appreciated the majority of activity from Lifeboat but it does approve contributions on a array of polymorphous other chains, compeling plenty of you may never have listened to of like anoncoin, bytecoin, CryptogenicBullion, Dash, noblecoin, NXT, peercoin, and solarcoin.
The portals for plenty of of these assets have been razed.
The Ethereum address acquired around 190 ether from an address labeled as ‘Bitfinex’ and sent some out to Bitfinex and Coinbase.
There are also some individual benefactors offered that became gargantuan to the cryptocurrency ecosystem, compeling Jaan Tallinn, that was one of the human being that helped originally fund Alameda Research, and Charlie Shrem, that acquired real prestige for his duty in Mt. Gox, and was ultimately punished to penal establishment for a penalty of aiding and urging unlicensed coinage dollars transmission
Secure founder J.R. Willett is offered as a horribly miniscule donor that provided less than $5, but he has previously told Protos that he was not a donor.
Charlie Lee, the founder of Litecoin, was also a donor that provided 10 Litecoins.
In overall, the Lifeboat Cornerstone acquired over 1,100 bitcoins and 190 ether, epitomizing the lion’s share of the cryptocurrency contributions acquired.
Non-crypto benefactors
A agglomeration of of the benefactors to the cornerstone at this determinant appear to be businesses snagging worth of the tactic to furnish utilise their monikers, links, and logos included on the web internet site, purportedly to improve their position in pursuit engines.
The checklist is littered putting on divorce lawyers, confidential injury lawyers, gaming amenities, dispensaries, and some uncertain firms that declare points like ‘debts incentive inducements.’
It offered to be more recurring for Lifeboat to furnish utilise contributions from more obvious human being like futurist Ray Kurzweil, but those appear to have slowed to a blood circulation, which renders sensation once you ponder the Lifeboat Cornerstone can’t even market its non-profit prominence.
