Is Crypto Funding India’s Cockroach Protest? We Traced the Money

A public petition has alleged that foreign-funded groups helped drive India’s Cockroach Janta Party protests. A BeInCrypto audit found no public evidence of a broad crypto-funding wave during the movement’s July escalation.

The available signals moved in the opposite direction. Protest-related Google searches surged about 1,350% above baseline between July 18 and July 22. 

Crypto-buying searches fell about 18%. Estimated USDT/INR turnover dropped about 30%, while the premium Indians paid for USDT narrowed by roughly 44%.

The investigation did find crypto activity linked to the protest’s name. Four unofficial Solana tokens generated about $1.48 million in decentralised exchange volume. No public evidence connects their creators, traders or proceeds to protest organisers.

Claims of Foreign Extremist Groups Funding Indian Protests

A public interest petition filed before the Delhi High Court on July 22 requested a National Investigation Agency probe into alleged foreign funding behind the July 20 march on Parliament. 

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