Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals

Bitcoin.com | Oct 4, 2022 at 10:30 PM
  • Groups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say.
  • These organizations use Telegram to raise money then used to pay for equipment and training.
  • 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”.