On Wednesday, The Washington Examiner reported that Black Lives Matter shut down all of its online fundraising streams late Wednesday afternoon. California recently threatened to hold the charity’s leaders personally liable over its lack of financial transparency.
The article reports:
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.
…The California Department of Justice told the Washington Examiner on Tuesday that “BLMGNF is prohibited from soliciting donations so long as its status is listed as delinquent.”
Despite the notice, BLM accepted a $1 donation from a Washington Examiner reporter based in California on Wednesday morning.
The California DOJ said Wednesday afternoon that it would not confirm or deny an investigation into BLM so as to “protect its integrity.”
BLM also received notice from the state of Washington on Jan. 5 to “immediately cease” all fundraising activities in the state. Washington warned the charity that it could face fines of $2,000 for each violation, but as recently as Monday, the charity accepted a $1 contribution from a Washington resident.
In April 2021, Townhall reported:
On Thursday, Facebook decided to censor a New York Post article about Black Lives Matter co-founder, Patrisse Cullors, a “trained Marxist” who has come under heavy criticism for the hypocrisy in her buying a $1.4 million home in a largely white neighborhood. The piece in question, by Isabel Vincent, from April 10, reported that “Marxist BLM leader buys $1.4 million home in ritzy LA enclave.”
On January 29, 2021, The New York Post reported:
Black Lives Matter transferred millions to a Canadian charity run by the wife of its co-founder to purchase a sprawling mansion that had once served as the headquarters of the Communist Party, public records show.
M4BJ, a Toronto-based non-profit set up by Janaya Khan and other Canadian activists, snagged the 10,000 square foot historic property for the equivalent of $6.3 million in cash in July 2021, according to Toronto property records viewed by The Post.
Khan is the wife of Patrisse Khan-Cullors, a co-founder of Black Lives Matter Global Foundation Network and a self-avowed Marxist.
It seems as if there might be a number of valid reasons for shutting down the online fundraising streams for Black Lives Matter.