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    Home»Crypto News»Russian Sentenced to Seven Years in Jail for Sending Crypto Property to Ukrainian Navy: Report – The Day by day Hodl
    Russian Sentenced to Seven Years in Jail for Sending Crypto Property to Ukrainian Navy: Report – The Day by day Hodl
    Crypto News

    Russian Sentenced to Seven Years in Jail for Sending Crypto Property to Ukrainian Navy: Report – The Day by day Hodl

    By Crypto EditorJanuary 16, 2025No Comments2 Mins Read
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    An worker of a diamond mining firm in Russia was reportedly sentenced to seven years in jail for offering monetary help to the navy forces of Ukraine.

    Based on native media outlet Izvestia, a person from the Mirninsky district of Yakutia is now detained in a most safety jail after utilizing cryptocurrency to repeatedly switch funds to the Armed Forces of Ukraine (AFU).

    The report says the person aided a unit of the AFU in finishing up intelligence and subversive actions in opposition to Russia by offering monetary help. He’s stated to have obtained directions to switch funds to a digital pockets after becoming a member of a gaggle on a social community.

    Says Russia’s Federal Safety Service (FSB), in line with the report,

    “A felony case was initiated and investigated in opposition to a resident born in 1988 below Artwork. 275 (‘Treason within the type of monetary help to a international state, worldwide or international group or their representatives in actions directed in opposition to the safety of the Russian Federation’) of the Prison Code of Russia.”

    Russia and Ukraine are making the most of crypto amid the continued struggle between the 2 nations. Following Russia’s invasion, the Ukrainian authorities introduced it was accepting crypto donations for wartime help.

    Firms in Russia now use Bitcoin (BTC) and different digital currencies to have interaction in international commerce because the nation faces Western sanctions.

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    Russian Sentenced to Seven Years in Jail for Sending Crypto Property to Ukrainian Navy: Report – The Day by day Hodl

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