Sexual Assault Survivor Uses Crypto to Crowdfund Anonymously

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© Reuters.  © Reuters.

A new use case is emerging for cryptocurrency: helping women who’ve suffered sexual harassment or assault gain financial independence while also protecting their privacy.

Case in point, a sexual assault survivor used the crypto-powered payment processor Seeds to crowdfund $500 in September after the trauma left her unable to work for several months.

Had she used a traditional crowdfunding site like Kickstarter or GoFundMe, the survivor would have had to provide a government-issued ID and bank account, which someone working at the platform might have connected with her story.

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