Anti-war Russians start donating crypto to support Ukraine
While the West is growing increasingly concerned over Russia’s potential use of cryptocurrencies to evade sanctions, some Russians are using their Bitcoin (BTC) to help Ukrainian people.
Pavel Muntyan, a renowned Russian animation producer and creator of the animated web series “Mr. Freeman,” has called on anti-war Russians to support Ukrainian citizens amid Russia’s ongoing military attack on the country.
Muntyan took to Twitter on Tuesday to announce the opening of a cryptocurrency donation address for Russians who want to support Ukrainian people anonymously as Russia has banned its citizens from helping people in Ukraine.
On Feb. 27, Russia’s General Prosecutor’s Office officially warned that any assistance to Ukrainians amid Russia’s “special operation” in the country would be considered high treason, with Russians risking being jailed for up to 20 years.
As such, Muntyan is now urging Russians to provide financial support to those who have suffered from operations of Russia’s military. Using his crypto address, Russians can now donate in any tokens on blockchains like the Binance Smart Chain, Polygon, Ethereum, HECO and Avalanche without disclosing their identity, he wrote:
He stressed that raised funds only target help to innocent people and do not intend to be used to support any military operations.
At the time of writing, the donation address holds about $1,500 in Ether (ETH) and about $350,000 in Tether (USDT) stablecoin.
The Ukrainian government alongside several crypto companies have established multiple cryptocurrency donation channels to support Ukrainian people amid Russia's military invasion in the country. As of Monday, the amount of public crypto donations sent to the Ukrainian government, military and
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