A Bitcoin millionaire has donated $4 million towards MDMA treating PTSD

An anonymous Bitcoin millionaire is donating $4 million towards .

The Multidisciplinary Association for Psychedelic Studies (MAPS) is undertaking the research, but in order to receive the $4m, MAPS will have to raise the same amount before March 10.

If the money is raised, clinical trials will enter Phase III testing having been by the Food and Drug Administration (FDA) in August last year.

reports the benefactor is giving away a total $84m worth digital currency from an initiative called The Pineapple Fund.

A statement from the donor reads: “PTSD is a severe condition that affects everyone from sexual assault survivors to military veterans.

“MDMA-assisted psychotherapy has shown great promise. We’re fering the matching grant because we think the psychedelic and cryptocurrency communities can work together to finish funding Phase III clinical trials.”

Studies have shown that , while ketamine trials aimed at treating the illness have been

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