Russian authorities have recently labeled one of the leading independent media outlets in the country as a “foreign agent.” Such a maneuver led Meduza to set up a fiat and crypto fundraiser to survive the consequences of labeling.
Fund Will Accept Donations in Bitcoin, Ethereum, and Binance Coin
According to an editorial statement published by the outlet, the Russian Justice Ministry added Meduza on April 23 to its “foreign agent” media list. It implies that every news piece or social post they do should be accompanied by a message, notifying their readers about its new status.
However, the Meduza team says that Kremlin considers them an “enemy of the state” with such labeling. It will make the journalistic routines more complicated, such as looking for sources or reporting any news, the statement added.
Afterward, advertisers stopped their business ties with the news outlet, which cut a financial flow that keeps alive to the outlet, and they expect a further