Cryptocurrency

Ukraine Offers Bitcoin to Russian Soldiers Who Surrender

Russian soldiers who surrender to Ukraine stand a chance to bag 5 million rubles worth of crypto or cash.

According to local TV host and honorary ambassador to the United Nations Population Fund in Ukraine, Masha Efrosinina, any Russian soldiers who take up the white flag will receive 5 million rubles (US$45,000) worth of crypto or cash.

The TV host disclosed the offer in an Instagram post where he called for Russian soldiers to take the offer and an amnesty after trial.

Efrosinina also revealed that the offer comes from The Ministry of Defense of Ukraine and the global IT community.

The Ukrainian ambassador to the U.S. has also disclosed that a Russian platoon that surrendered on Feb. 24 was unaware that they were being sent to kill Ukrainians.

Russian President Vladimir Putin carried out what he has described as a “special military operation” on Thursday, 24 February 2022, leaving at least 240 civilian casualties and at least 64 dead, according to the United Nations.

Cryptocurrencies have played an important role for the Ukrainians in defending their nation with the Ukrainian government receiving over US$9.5 million in crypto donations via Bitcoin, Ether and USDT according to various reports from the press.

In a report by Bloomberg, the Ukrainian government escalated its rhetoric against Russian crypto users on Sunday, 27 February 2022, revealing that it wants a heavy crackdown on ordinary crypto users in Russia.

Ukrainian Vice Prime Minister Mykhailo Fedorov disclosed on Twitter that he was asking “all major crypto exchanges to block addresses of Russian users.” Mykhailo had earlier requested information about digital wallets associated with Russian and Belorussian politicians, revealing that the Ukrainian crypto community was ready to offer a “generous reward” to anyone who provided tips and recommendations.

The Ukrainian government had already leveraged the social media platform to draw in millions of dollars worth of crypto donations and posted in online hacker forums that it is looking for help in protecting against cyberattacks.

While it is still unclear how big crypto companies will respond to Fedorov’s latest call, the CEOs of several crypto companies have publicly conveyed their support for Ukraine since the Russian invasion. On Sunday, 27 February 2022, a verified Twitter handle associated with Binance posted that they’ll be donating $10 million “to help the humanitarian crisis in Ukraine,” and an affiliate, the Binance Charity Foundation, launched a fund to provide emergency relief through crypto crowdfunding.

 

Investors King Contributor

Share
Published by
Investors King Contributor

Recent Posts

Dollar to Naira Black Market Exchange Rate Today, 22nd January 2025

The dollar to naira exchange rate continues to be a focal point in Nigeria's financial…

8 hours ago

Pounds to Naira Black Market Exchange Rate Today, 22nd January 2025

The pounds to naira exchange rate continues to be a critical topic in Nigeria’s financial…

8 hours ago

MTN Nigeria Secures NCC Approval to Renew and Harmonise 800MHz Spectrum Licences

MTN Nigeria Communications PLC has received approval from the Nigerian Communications Commission (NCC) to renew…

13 hours ago

CAC Strengthens Compliance and Enforcement Responsibilities, Targets Business Formalization

The Corporate Affairs Commission (CAC) has outlined plans to enhance its compliance and enforcement responsibilities,…

14 hours ago

Nigeria Could Generate Over $2 Billion from Carbon Market by 2030 – UNN

The University of Nigeria, Nsukka (UNN), has projected that Nigeria could earn over $2 billion…

14 hours ago

Trump Restricts Citizenship Rights for Babies of Undocumented Parents

President Donald Trump has signed an executive order titled “Protecting the Meaning and Value of…

19 hours ago