Top Ukraine official’s $1.5M in USDT, BTC seized in embezzlement probe
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The former chief of Ukraine’s cyber security agency allegedly embezzled $1.7M in state funds and must hand over $1.5M in USDT and BTC.
The former chief of Ukraine’s cyber security agency allegedly embezzled $1.7M in state funds and must hand over $1.5M in USDT and BTC.
Alongside rising rates of crypto crime, Ukraine has also lost $81 million in taxes in the past 10 years through unregulated crypto exchanges.
It’s alleged that the man committed treason by sending crypto to buy ammunition, medical equipment, drones, and infrared rifle scopes.
If the underground operation had overloaded the power grid, it could have caused huge disruption to vital frontline infrastructure.
The Finnish government has 1,981 Bitcoin in its possession and is looking to auction off 1,890, worth almost $75 million.