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Home Regulations

Russian Sentenced to Seven Years in Prison for Sending Crypto Assets to Ukrainian Military: Report

n70products by n70products
January 16, 2025
in Regulations
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Russian Sentenced to Seven Years in Prison for Sending Crypto Assets to Ukrainian Military: Report
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An worker of a diamond mining firm in Russia was reportedly sentenced to seven years in jail for offering monetary help to the navy forces of Ukraine.

In response to native media outlet Izvestia, a person from the Mirninsky district of Yakutia is now detained in a most safety jail after utilizing cryptocurrency to repeatedly switch funds to the Armed Forces of Ukraine (AFU).

The report says the person aided a unit of the AFU in finishing up intelligence and subversive actions in opposition to Russia by offering monetary help. He’s stated to have obtained directions to switch funds to a digital pockets after becoming a member of a bunch on a social community.

Says Russia’s Federal Safety Service (FSB), in response to the report,

“A felony case was initiated and investigated in opposition to a resident born in 1988 beneath Artwork. 275 (‘Treason within the type of monetary help to a overseas state, worldwide or overseas group or their representatives in actions directed in opposition to the safety of the Russian Federation’) of the Legal Code of Russia.”

Russia and Ukraine are profiting from crypto amid the continued conflict between the 2 international locations. Following Russia’s invasion, the Ukrainian authorities introduced it was accepting crypto donations for wartime support.

Companies in Russia now use Bitcoin (BTC) and different digital currencies to have interaction in overseas commerce because the nation faces Western sanctions.

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Tags: AssetsCryptoMilitaryPrisonREPORTRussianSendingSentencedUkrainianYears
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