Russian Citizen Accused of Treason After Sending Crypto to Ukrainian Soldiers

Liputan6.com, Jakarta A Russian national from the Far Eastern region of Khabarovsk Krai has been detained and charged with treason for allegedly sending cryptocurrency to the Armed Forces of Ukraine. The arrest of the individual was carried out by Russia’s Federal Security Service (FSB), and they will now be tried on serious charges.

Launching Crypto News, Thursday (22/6/2023), the FSB stated that the individual made cryptocurrency donations through a foreign charitable foundation, utilizing a third party living in Ukraine.

Reportedly, the funds are intended for the acquisition of various military resources, including unmanned thermal imaging sights, aircraft, ammunition and medical uniforms for the Ukrainian Armed Forces.

Recent amendments to Russia’s Criminal Code have resulted in tougher penalties for those found guilty of supporting the Ukrainian war effort.

While treason usually carries a sentence of 12 to 20 years, the new update allows for life imprisonment.

The FSB Investigative Department has opened a criminal case against the arrested individual, and further investigations into the matter are underway.

The arrest of the Russian citizen highlights the growing importance of cryptocurrencies in the Russia-Ukraine conflict. The Ukrainian government has been actively encouraging international crypto holders to contribute to its war effort, launching initiatives such as the Crypto Fund.

Major players in the crypto industry have also set up donation platforms to support Ukraine. Meanwhile, Russia has been exploring ways to leverage cryptocurrencies for trade, aiming to circumvent economic sanctions and reduce its dependence on the US dollar.

The use of cryptocurrencies in the Russia-Ukraine conflict raises a number of legal and regulatory questions. For example, it is not clear whether sending cryptocurrency to the Armed Forces of Ukraine constitutes a violation of US sanctions against Russia.

Additionally, the use of cryptocurrencies for trading can facilitate money laundering and other illegal activities.