TruthWave – A platform for corporate whistleblowers

(www.truthwave.com)

98 points _gdim | 1 comments | 30 Oct 25 18:57 UTC | HN request time: 0s | source

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jonstaab ◴[30 Oct 25 19:38 UTC] No.45764367[source]▶

> With our unique financial rewards model, scale matters. The more justice you unlock, the more monetary compensation you receive.

> In fact, we pledge to distribute to tippers $200 million out of every $1 billion we collect.

What? Donating 20% of profits is great, but this sounds very weird. Is the only thing that drives this revenue donations? In which case, why do we need a rent seeking intermediary? Nostr has bitcoin tips built in, and you don't have to pay anyone to send money to whomever you want.

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fdupress ◴[30 Oct 25 20:55 UTC] No.45765228[source]▶

>>45764367 #

Pretty sure that's 20% of revenue, and I'm assuming that their business plan relies on skimming from settlements, not just taking donations. But they are also paying investigators and lawyers out of all of that.

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1. gamegod ◴[30 Oct 25 22:12 UTC] No.45766020[source]▶

>>45765228 #

If this is a business, which it sure seems like it is, then this is such a messed up idea. Exploiting whistleblowers and the whistleblowing system for profit. And they're trying to incentivize whistleblowers with money too.

Whistleblowers take all of the risk here, and only get 20% of the proceeds. Seems like a pretty shit deal, besides being confoundingly greedy.

There already are people you can trust, who aren't anonymous, who are professionals bound by ethics, and who aren't out to sue for profit: Journalists. investigations@icij.org

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