How a Holocaust denier turned antisemitism into a cryptocoin

There’s a long history of hate groups using new technologies to spread their message. In the 1930s, it was radio. In the 2010s, it was social media. In 2025, it might be crypto.

Enter $JPROOF, a new meme coin launched in April by Stew Peters, a far-right podcaster and outspoken Holocaust denier with a large online following. On paper, it’s just another token in a sea of barely coherent blockchain projects. But peel back even a single layer, and you’ll find something much darker: a coin literally branded as “Jew Proof,” marketed to Peters’ followers as a weapon against “usurious Jewish bankers.”

The coin has been floating around the extremist corners of the internet for a few weeks. But it gained broader attention after Mohammad “Mo” Khan, a Temple University student suspended over an antisemitic incident at a Philadelphia bar, made an appearance Tuesday on Peters’ podcast. The two chatted about “Jewish supremacy,” and then Peters offered Khan one million $JPROOF tokens, worth roughly $100,000. Peters added: “F—the Jews.”