The donation came on the heels of multiple losses in the defamation cases brought by parents of Sandy Hook victims. Lawyers for the Sandy Hook families said in court filings that the leader of the right-wing group was trying to hide his company's assets through shell companies and that he had filed for Chapter 11 of the US Bankruptcy Code to shield his company from civil lawsuits. Jones businesses will not be protected by federal bankruptcy Judge Julia Manning.

Whoever this individual or group is donating to, they don't seem to mind throwing more cash down the toilet. The price of the virtual currency peaked in April. It is now trading at its lowest rates in over a year.

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Jones doesn't seem to be learning from his mistakes despite the fact that he has been chastened by the parents of a previous school shooting. The most recent school massacre in Uvalde, Texas has spawned numerous conspiracy theories, and Jones and Gosar have taken them up with fervor. The most recent episode of Jones' show included a hint to his audience that the shooting might have been staged.

Jones said that it was very opportunistic what was happening.