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The article only mentions how it benefits Russians, but omits the fact that almost any Ukrainian or Ru opposition donation page has crypto addresses on it. The money flows both ways, the way it was intended. Also, Russians laundered hundreds of billions through Baltic banks (Danske Bank, Swedbank etc) with oh so real AML officers.


Crypto is actually net negative for UA if it is what keeps Russia going. If crypto vanished overnight UA would still get aid through legal channels while Russia would be crippled.

Btw I think those bank laundering events you mention date to before the war.


Russia gets its money from selling oil and gas. Crypto is like 0.000000001% of the money that fund the war so no, it does not keep Russia going.


It's not about being able to get money but being able to spend it


American and European companies supplying parts for Russian rockets are paid in dollars and euros, not in crypto, I can assure you.


If they're selling directly to RU then how are they avoiding lawsuits/jail time?

If they selling to CN/IN intermediaries and getting dollars that's not directly gettin dollars from RU anyway.


Any more info/sources, or only assurances from EVa5I7bHFq9mnYK?




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