An anonymous Bitcoin millionaire is reportedly donating $4 million to MDMA research geared toward those with Post-Traumatic Stress Disorder. The now-famous research program conducted by Multidisciplinary Association for Psychedelic Studies, also known as MAPS, will be eligible to receive this money on the condition that they also raise the same amount of money. Upon receiving the money, clinical trials will be able to start phase III of clinical trials.
The anonymous donor explained further in a statement that-
“PTSD is a severe condition that affects everyone from sexual assault survivors to military veterans. MDMA-assisted psychotherapy has shown great promise. We’re offering the matching grant because we think the psychedelic and cryptocurrency communities can work together to finish funding Phase III clinical trials.”
The millionaire is reportedly giving away $84m in "digital currency" as part of an initiative known as The Pineapple Fund.