At the time of publication, the crypto wallets linked to the appeal had around $435,000 in cryptocurrency.
In order to fend off Russia’s invasion, the Ukrainian government is asking for cryptocurrency donations.
Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT.
BTC – 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
ETH and USDT (ERC-20) – 0x165CD37b4C644C2921454429E7F9358d18A45e14
— Ukraine / Україна (@Ukraine) February 26, 2022
Stand with the people of Ukraine
Now accepting cryptocurrency donations. Ethereum. Bitcoin and Tether (USDTtrc20)
BTC — 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
ETH — 0x165CD37b4C644C2921454429E7F9358d18A45e14
USDT (trc20) — TEFccmfQ38cZS1DTZVhsxKVDckA8Y6VfCy
— Mykhailo Fedorov (@FedorovMykhailo) February 26, 2022
The Ukrainian government’s and Vice Prime Minister Mykhailo Fedorov’s official Twitter accounts published wallet addresses for bitcoin (BTC), ethereum (ETH), and the stablecoin tether donations (USDT). The wallets held $435,000 at the time of publication. However, it’s possible that this isn’t the complete amount donated, as there are evidence that some bitcoin has already been withdrawn from the wallet.
This isn’t the first time bitcoins have been used to aid Ukrainians in their fight against the Russian invasion. A bitcoin donation of nearly $6 million has been made to a digital wallet that is raising donations to support the Ukrainian army.
While Ethereum co-founder Vitalik Buterin questioned the legitimacy of the petitions, the tweets were sent from verified accounts. The Ukrainian government’s representatives were unavailable for comment immediately, and the country’s official website looked to be down.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.