2023-07-30 13:40:36
Since Russia attacked Ukraine, it was quite common to run into banners and advertisements on social media and websites that called for crypto support for Ukraine. We know roughly the extent to which countries support the Ukrainians fighting the Russians with weapons and money, but now the Crystal Blockchain report revealed how much they could have received in cryptocurrencies. According to the document, the country received a little more than 225 million dollars (78 billion HUF) of crypto, some of which came from illustrious individuals and companies in the sector. Many well-known names in crypto gave a lot to Ukraine. For example, Binance sent 10 million dollars of crypto to organizations helping Ukraine, such as UNHCR or UNICEF, back in February 2022. Polkadot founder Gavin Wood sent $5 million DOT to Kyiv, while TRON founder Justin Sun donated $200,000 USDT. It is interesting that Vitalik Buterin, born in Russia, also sent $5 million worth of ether to Ukraine. By the way, he has repeatedly stated that the Russian war is a crime committed against the Ukrainian and Russian people. By the way, a significant part of the aid arrived in Kyiv immediately after the attack was launched. Since then, donations have been steadily decreasing, Ukraine has received less than $10 million worth of crypto since May. The country received the most in March 2022, when 100 million dollars of cryptocurrency arrived to support the struggle. According to Crystal Blockchain, the largest donation, $83 million, came in the form of USDT. $79 million worth of Ether and $41 million worth of BTC also came. We highlight the fact that Russia also receives donations, mainly from Russians and pro-Russians living abroad. Opinions differ on the extent of this. Crystal Blockchain reports that the Russian military received just under $2 million in crypto. But even Binance, which estimates the most, only estimates Russian donations at $7.2 million.
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