Ukrainian Volunteer Group Raises $4 Million In Bitcoin Since Russian Invasion: Report
NDTV
A Ukrainian volunteer group that provides equipment to the country's army has received over $4 million in bitcoin donations since Russia's invasion
A Ukrainian volunteer group that provides equipment to the country's army has received over $4 million in bitcoin donations since Russia launched its invasion on Thursday, according to blockchain analysis firm Elliptic.
London-based Elliptic said earlier this month that donations to Ukrainian volunteer and hacking groups had soared as Russian troops massed near the border. Since the invasion, however, it has tracked transfers of much larger sums to these groups.
One Ukrainian volunteer group, Come Back Alive, received $3 million in a single bitcoin donation alone on Friday, Elliptic said, though the identity of those behind the donations was unclear as bitcoin and other tokens can be sent and received anonymously.
Missiles pounded Kyiv on Friday and families cowered in bomb shelters as Russian forces pressed their advance and authorities said they were girding for an assault aimed at overthrowing the government.
