Anonymous Founder Launches 'Movement Coin' While Facing Legal Woes

The founder of the notorious hacktivist group Anonymous, Aubrey Cottle (also known as Kirtaner), is spearheading a Solana-based crypto project called ANON. This comes as Cottle faces up to five years in prison related to charges from the U.S. Department of Justice concerning a 2021 data breach.

ANON: More Than Just a Meme Coin?

Cottle describes ANON as a "movement coin," distinguishing it from typical meme coins. The project aims to honor hacktivist culture, provide financial support for his legal defense, and foster the evolution of the Anonymous movement.

Following Cottle's legal troubles, an anonymous individual created the ANON token on the Bags launchpad, allocating associated fees to Cottle. Cottle has embraced the token, which has grown to a market cap of $8 million since its launch on August 15th, generating over $59,000 in fees for him.

Funding Legal Defense and Supporting Anonymous Veterans

Cottle plans to use the generated fees to fund his legal battle and secure his family's financial future. Furthermore, he intends to buy back ANON tokens and distribute them among original Anonymous members, acknowledging their sacrifices and past traumas.

Rekindling Hacktivism and Inspiring a New Generation

Cottle envisions ANON becoming a self-organizing entity, similar to Anonymous itself. He hopes to establish a scholarship fund for young, talented hackers and create legal defense funding pools for hacktivists through a non-profit organization. He emphasizes the goal is not radicalization, but rather supporting individuals who were like him.

He intends on initiating these programs if ANON can achieve a market cap of $200 million.

Key Takeaways:

• Anonymous founder Aubrey Cottle is backing the ANON token to fund his legal defense.
• ANON is positioned as a "movement coin" intended to revive the Anonymous legacy.
• The project aims to support hacktivists and foster a new generation through scholarships and legal aid.