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Ukraine Government Cancels Airdrop Ahead of Scheduled Snapshot

source-logo  coindesk.com 03 March 2022 09:06, UTC

The Ukrainian government has cancelled a planned crypto airdrop as the Russian invasion continues.

  • The announcement was made by the country's deputy prime minister and minister of digital transformation Mykhailo Fedorov, via his verified Twitter account on Thursday.
  • "After careful consideration we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the aggression," Fedorov tweeted.
  • The airdrop was initially announced on Wednesday on the country's official Twitter account. But since then, government officials did not release any further information or announcements regarding the scheduled event. Government officials also did not respond to CoinDesk's multiple requests for comment since the initial announcement.
  • According to Fedorov's most recent update on Telegram, the Ukrainian government has raised around $30 million since it began accepting crypto donations last Friday. The government has been raising funds via a range of cryptocurrencies including bitcoin, ether and Polkadot's DOT.
  • Earlier on Thursday, it appeared as though an airdrop was underway, but it became apparent that a third party may have been spoofing the much-anticipated event.

coindesk.com