Categories: News

Geostrategy.Rs: Analyzing Cryptocurrency Fraud

Military actions in different parts of the globe and the associated numerous foundations collecting donations in favor of one or another warring party have spurred the development of new fraudulent schemes. Center for Geostrategic Studies experts recently presented an analysis of the situation.

Beograde, Serbia –The most common is changing the addresses of cryptocurrency wallets at the request of their owners. Such a change makes it possible to hide the true amount of funds collected, and facts of fraud, and makes it as difficult as possible for regulatory authorities to collect statistics and analytics. As a result, the collected funds do not go to the final recipients, for whom the funds were collected, but settle in the personal wallets of the heads of these or those funds, as well as their beneficiaries.

Thus, at the moment, Estonia and Ukraine have initiated an investigation into the NGO that collected funds for Ukraine and its partners. According to the criminal case, the law enforcement agencies of these countries have doubts that the donations were spent for the intended purpose.

Dragana Trifkovic, Geostrategy.Rs Director General: It seems that the US-led Pro-Ukrainian bloc at the highest level simply does not notice this crypto problem.

Everyone remembers the events of the fall of 2022 – the bankruptcy of one of the world’s largest cryptocurrency exchange FTX, which also led to the collapse of more than 130 related companies. Meanwhile, it was in this exchange that the funds received by Ukraine as aid from the United States were invested. It was in collaboration with FTX as well as Everstake that a website was launched to collect cryptocurrency donations for the warring country. According to Elliptic, a leading global provider of blockchain analytics solutions, $78 million dollars has been raised (Elliptic’s “Crypto in Conflict Report”). It is not possible to trace how and where these funds went. Many experts link the bankruptcy of the exchange to the implementation of large-scale corruption schemes at the highest level.

Arnaud Develay, international human rights lawyer: While the entire civilized world is trying to bring cryptocurrency legislation to a common denominator, new gray schemes are emerging. A vivid example is collecting donations for Ukraine.

Various countries are attempting to regulate the cryptocurrency market and take it out of the “gray zone”, depriving it of the possibility of using crypto for money laundering and corruption schemes. However, so far, the “gray” cryptocurrency market remains “gray”.

The full review is available at the link: https://geostrategy.rs/en/geopolitics/1474-where-does-the-river-of-crypto-donations-for-ukraine-flow

Media Contact

Company Name: Center for Geostrategic Sudies
Contact Person: Rod Chu
Email: press@geostrategy.rs
Phone: 1 251 333-444-7
Country: Serbia
Website: https://geostrategy.rs/


Information contained on this page is provided by an independent third-party content provider. eTrendystock make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@etrendystock.com

KJW

Recent Posts

Mubite Officially Launches as a Global Leader in Crypto Prop Trading

Prague, Czech Republic, October 6, 2025, ZEX PR WIRE— The future of funded crypto trading…

1 day ago

CZ Effect: Binance Lists Aster (ASTER) With Seed Tag After Weeks Of Hype

Aster’s native token, ASTER, has ridden a powerful endorsement cycle after Changpeng “CZ” Zhao publicly…

1 day ago

Verto Establishes DIFC Hub to Enable Faster, Smarter B2B Payments Across Africa and Emerging Markets

UAE now has a payment partner that unlocks Africa’s growing economic opportunity DUBAI, UAE, 6…

1 day ago

Guinness World Records Attempt in Forex Industry is announced

Dubai, UAE, 5th October, 2025, ZEX PR WIRE, Forex Expo Dubai, the Middle East’s largest…

1 day ago

Reliable Airport Taxi Service: Guaranteed Pickups, No Delays

London, England, 5th October 2025, ZEX PR WIRE, In today’s travel landscape, reliability has become…

2 days ago

Forex Expo Dubai 2025 Conference to Feature 150+ Global FX and Fintech Leaders

Part of the region’s largest forex and fintech gathering, the two-day conference on 6–7 October…

4 days ago