The Bitcoin donation from an anonymous
crypto philanthropist is the largest single donation
ever received from an individual in the ITRC's 25-year history.
SAN
DIEGO, May 15, 2024 /PRNewswire-PRWeb/ -- The
Identity Theft Resource Center® (ITRC), a nationally recognized
nonprofit organization established to support victims of identity
crime, has received a Bitcoin donation worth more than
$1,400,000 USD through The Giving
Block, the leading cryptocurrency fundraising platform
for nonprofits. The gift from an anonymous crypto
philanthropist is the largest single donation ever received from an
individual in the ITRC's 25-year history.
"So often we only hear of criminals
misusing cryptocurrency to take advantage of people.
This Bitcoin donation shows the other side of that
coin, so to speak," said Eva
Velasquez, President and CEO of the Identity Theft Resource
Center.
"Public fundraising is challenging for us given the nature of
our mission to provide free assistance to victims of identity
crimes," said Eva Velasquez,
President and CEO of the Identity Theft Resource Center.
"Nonprofits typically rely on community support, but asking crime
victims who have already suffered financial losses is not feasible.
Instead, we seek government grants and corporate contributions as
well as offer fee-based services to businesses. This generous
contribution will ensure people who have been scammed or had their
identity misused will get the help they need, at no additional cost
to them."
To accept the gift, the ITRC partnered with The Giving Block,
which provides nonprofit organizations with the tools and expertise
to accept and successfully fundraise cryptocurrency
donations and other financial assets. The Giving Block team first
approached the ITRC after being contacted by a donor who wished to
remain anonymous, but did share why they wanted their funds to
support identity crime victims:
"I am very glad to hear that they (ITRC) will be able to provide
much support to victims with these funds and hope this will make a
positive change in the lives of many fraud victims, in
particular, those who had very little to begin with and had that
taken away from them by criminals. Unfortunately, we live in a
society where greed knows no bounds, and the vulnerable are taken
advantage of every day, and I hope and pray that my donation to the
ITRC will help these people regain their lives."
"I want to thank our donor, whoever and wherever they are,"
noted Velasquez. "So often we only hear of criminals misusing
cryptocurrency to take advantage of people. This
Bitcoin donation shows the other side of that coin, so
to speak – that cryptocurrency, the underlying
technology, and crypto community leaders can help
identity crime victims at a time when they are most
vulnerable."
To learn more about the ITRC and opportunities to support its
mission, contact Dorinda Miller at
Dorinda@idtheftcenter.org.
About the Identity Theft Resource Center
Founded in 1999, the Identity Theft Resource Center® (ITRC) is
a national nonprofit organization established to empower and guide
consumers, victims, business and government to minimize risk and
mitigate the impact of identity compromise and crime. Through
public and private support, the ITRC provides no-cost victim
assistance and consumer education through its website live chat,
idtheftcenter.org, and toll-free phone number 888.400.5530. The
ITRC also equips consumers and businesses with information about
recent data breaches through its data breach tracking
tool, notified. The ITRC offers help to specific populations,
including the deaf/hard of hearing
and blind/low vision communities.
About The Giving Block
The Giving Block makes it easy for nonprofits to accept and
successfully fundraise cryptocurrencies and other
financial assets. Founded in 2018, The Giving Block helps thousands
of charitable organizations around the world grow their donation
revenue and diversify their donor bases to make a bigger impact.
The Giving Block platform offers a fully automated
cryptocurrency giving experience and a unique suite of
cryptocurrency fundraising strategy services,
delivering personalized plan development, expert guidance and
in-depth knowledge resources built to help nonprofits of all sizes
hit their goals.
To learn more about how The Giving Block can help your nonprofit
grow or to easily and securely make a cryptocurrency
donation, visit TheGivingBlock.com.
Media Contacts
Identity Theft Resource Center
Alex Achten
Director of Communications & Media Relations
888.400.5530 Ext. 3611
media@idtheftcenter.org
The Giving Block
Ryan Hersh
Head of Growth
media@thegivingblock.com
Media Contact
Alex Achten, Identity Theft
Resource Center, 888-400-5530 x 3611,
media@idtheftcenter.org, www.idtheftcenter.org
Ryan Hersh, The Giving Block,
888-276-2108,
media@thegivingblock.com, www.thegivingblock.com
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SOURCE Identity Theft Resource Center