Revelations of significant foreign funding have emerged behind the alleged student movement in Bangladesh. Investigations show substantial backing from overseas finances, with leaders' massive crypto investments sparking fears of money laundering.
ADSM leader and founder of the 'National Citizen Committee,' Sarjis Alam, has invested $7.65 million in cryptocurrency Tether. Such wealth, from humble beginnings, suggests potential illicit foreign support.
Money Laundering Concerns Arise
Interim government's IT Advisor, Nahid Islam, invested $17.14 million in Bitcoin, prompting serious questions about the money's origins.
CTG University-affiliated ADSM leader Khan Talat Mahmood Rafi invested 11.094 Bitcoin worth $1 million. Despite lacking known wealth, this significant investment raises possibilities of money laundering.
Involvement of Media Figures
Chief Advisor's Press Secretary and journalist Shafiqul Alam possesses 93.06 Bitcoin, worth $10 million. This suggests media figures linked to the movement ensnared in foreign funding networks.
The student-led movement in Bangladesh, once viewed as a change-driven effort, now faces allegations of foreign financial backing. Cryptocurrency investments have uncovered these significant financial irregularities.
The Movement That Began Last Year
Last August, students began protesting against quotas, culminating in attempts to unseat Prime Minister Sheikh Hasina's government. Power momentarily transferred to an interim government, with hopes for elections and a new democratic administration, yet, this has not occurred. Those who toppled the government have formed a political faction.
