Ukraine Raised $13 Million Worth of Cryptocurrency Donations

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Ukraine’s ministry of digital transformation confirmed the tweets were genuine and added: “How will we use money? To destroy as many Russian soldiers as possible.”

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Crypto donations to Ukrainian volunteer and hacking groups have also spiked since Russia launched its invasion on Thursday, Elliptic said this week.

The donations to such groups, some of which have supplied equipment to government forces, grew strongly in January as Russia massed troops near Ukraine’s border ahead of its invasion.