BLM shuts down fundraising as states look for accountability
Black Lives Matter shut down all of its online fundraising streams late Wednesday afternoon, just days after California threatened to hold the charity's leaders personally liable over its lack of financial transparency.
The move comes less than a week after a Washington Examiner investigation found that BLM has had no known leader in charge of its $60 million bankroll since its co-founder resigned in May. California and Washington recently ordered BLM to cease all fundraising activities in their blue states due to the failure of the Black Lives Matter Global Network Foundation, the legal entity that represents the national BLM movement, to report information about its finances in 2020, the year it raised tens of millions amid the racial protests and riots that followed George Floyd's killing.
...
Other states are taking action and several states have said BLM is out of compliance with its charity registration. The organization has been engaged in buying real estate mansions recently.
Comments
Post a Comment