Russia loses in cryptoe with Ukraine - research (photo)

According to Elliptic's analytical company, pro -Ukrainian accounts - government or humanitarian organizations - have been collected 44 times more than Russian fundraising campaigns. In the second year, a full -scale Russian invasion of Ukraine is determined by the winner in the cryptocurrency of the two countries. And this is not the Russian Federation. Last year, pro-Russian blockchain storage has increased by $ 5 million, and more than 212 million in pro-Ukrainian, according to research.

About it reports Newsweek. Pro -Ukrainian accounts - whether official governmental organizations or humanitarian groups - have collected 44 times more than pro -Russian fundraising campaigns, including the Russian army. The Elliptic Analytical Company, which specializes in blockchain, reports that more than 10% of crypto assets received on pro -Russian wallets are a consequence of illegal activity from Darkweib or illegal currency. While less than 2% of pro -Ukrainian accounts are illegal.

Cryptocurrency in Russia was initially regarded as a way of avoiding sanctions. According to Castellum. ai, Russia has become a country against which the greatest restrictions were imposed. The total number of sanctions imposed on the Russian Federation or Russian companies to a large -scale invasion of Ukraine was 2 695, and after February 2022 - already 11 458. Elliptic analysts noted that except for 10% of illegal enrollments, another third of the funds found on Russian wallets.

, passed through the so -called "cryptomicist". It is a service that mixes different cryptocurrency flows to be more difficult to track their origin. Another study of Chainalysis showed that the peak of cryptocurrency revenues in the Russian Federation was observed in June 2022, confirming the conclusions of Elliptic.

The head of the sanction department of Chainalysis, which cooperates with the Government, said that cryptocurrency is not coming directly on the wallet of the Russian government, but used to finance the Russian troops. "For these funds, they not buy tanks, but bulletproof vests or winter gloves for the military on the front line," he explained.

The Elliptic analyst also told how the average pro-Russian Telegram-channel collects to donate using the Shopping List: drones, radars, weapons, other equipment or even clothing and products. The most enchantments on Russian wallets were observed in mid -2022, and in pro -Ukrainian - at the beginning of the invasion. In the first weeks, about $ 60 million in cryptocurrency was received, and in the first four days it was almost $ 30 million.