Groups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these organizations use Telegram to raise money then used to pay for equipment and training.Pro-Russian groups have reportedly raised a serious amount of cryptocurrency for Russia’s military activities in Ukraine, circumventing U.S.-led sanctions.
One of these, Task Force Rusich, has been labeled by the U.S. Treasury as a “neo-Nazi paramilitary group that has participated in combat alongside Russia’s military in Ukraine.” The department’s Office of Foreign Assets Control has placed it under sanctions. It was trying to raise money for items such as thermal imaging equipment and radios on a Telegram channel.
The findings come amid mounting sanctions against Russia over its decision to attack Ukraine in late February, which have severely limited its access to the global financial system. The Russian government is now working to legalize crypto payments forCrypto Said to Lack Liquidity for Large-Scale Russian Transactions
They’re probably using non-compliant exchanges to off-ramp those funds… Of course, there’ll be more. But will it be billions of dollars? Highly unlikely.
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How comee everyonee is silent on thiss
Why are they keepinnnIUBR thiss a secret.?
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It's a spec of dust though if you put it into perspective
Bullshit. An excuse for Biden to control crypto
35 days till Nov 8 mid term elections, can btc, bitcoin hold the $17500 low. Once we pass the mid term election btc have high chance it bottomed back on June 18 at $17500. The count dow... to midterm....
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