IN-DEPTH: 'I'm totally striving for personal sanctions,' says one of fundraisers for Russian military in Ukraine. Sanctions against Russia did not stop the crypto flows feeding the invasion, baidakova found. ukraine
This first hunting season received good feedback from the Ukrainian crypto community, says Mark Letsyuk, head of analytics and research at HAPI. People asked the next one be focused on Russian war financing, he added. So in October the community hunted for war-related crypto wallets.
Almost half of them never received funds, and it’s hard to check whether those that did spent the money on goods for the Russian troops. But the exercise has shown that despite the sanctions on Russia, crypto donations are still flowing to the Russian troops, often through known crypto exchanges. A representative for Rusich, when reached via an anonymous contact account on Telegram, told CoinDesk the group had its money frozen on exchanges in August, even before it was officially put on the U.S. sanctions list, but it “found other ways.” Then he stopped responding to CoinDesk.
CoinDesk also found deposit wallets at Huobi, Kucoin, HitBTC and other centralized services that have been used to raise funds for the war. The exchanges did not respond to CoinDesk’s requests for comment by press time.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russian state TV guest says Ukraine invasion an 'episode' in war with U.S.Russian propagandists also floated the possibility of using nuclear weapons in the war with Ukraine.
Read more »
Russian soldiers dying at highest rate since beginning of war: UK govThe rate of 824 deaths per day is about four times higher than the average was in June-July 2022, the UK gov said.
Read more »
Putin’s War Fuels a Bitter Breakup With the Russian LanguageThe war in Ukraine has “accelerated” one country’s mission to move away from the Russian language.
Read more »
Russia loses more than 1,100 personnel in a day, highest count of war, Ukraine saysRussia's army in Ukraine has taken another hit, losing 1,140 personnel on Friday, according to the General Staff of the Armed Forces of Ukraine.
Read more »
Corpus Christi port booms with rapid increase in LNG exports to Europe amid Russia-Ukraine warExports of liquefied natural gas via Corpus Christi have increased one hundredfold from...
Read more »