en
Back to the list

Ukraine Govt Offering Bounty for Crypto Info of Russian Politicians

source-logo  cryptoknowmics.com 28 February 2022 06:45, UTC

The Ukraine government is offering a bounty to provide any information pertaining to the cryptocurrency wallets of Russian and Belarusian politicians.

Ukraine Wants Crypto Info of Russian Politicians

On Feb. 26, Ukrainian Vice Prime Minister Mykhailo Fedorov tweeted that the ‘Ukrainian crypto community is ready to provide a generous reward for any information about crypto wallets of Russian and Belarusian politicians and their surroundings.’

"War crimes must be pursued and punished!" he added.

https://twitter.com/FedorovMykhailo/status/1497534656786403332 The funds will come from private crypto donations in Ethereum (ETH), Bitcoin (BTC), and other cryptocurrencies, contributed by the Ukrainian crypto community rather than the Ukrainian government, said Artem Afian, a Ukrainian lawyer heading the initiative. While Afian did not reveal how much funds had been collected, he did claim to have received 500 tips so far.

"The bounty amounts for correct wallet addresses are still being determined, but will be paid out in crypto and based on the importance of the politician," Afian said.

Will Putin be Under Target?

The primary goal is to flag these addresses of politicians as “unsafe” or “toxic” and discourage people from transacting with them.

"We want them to understand that they are not welcome in Ukraine or in crypto," Afian said.

The Ukrainian lawyer further added that the data will also be shared with blockchain analytics firm Chainalysis. Afian also stated that it’s unlikely that the wallet address of Vladimir Putin will be found as he believes the Russian president does not use cryptocurrencies.

cryptoknowmics.com