Wu Blockchain (@WuBlockchain): Russia’s Prosecutor General has designated Ukrainian crypto exchange WhiteBit as an “undesirable organization,” alleging it was used to illegally move…
Estimated coin impact
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- WHITEBIT-70Negative
Russia’s Prosecutor General has designated Ukrainian crypto exchange WhiteBit as an “undesirable organization,” alleging it was used to illegally move funds out of Russia and to finance Ukraine’s armed forces. The designation also covers WhiteBit’s parent company W Group and its affiliates. Authorities claim WhiteBit’s management transferred about $11 million to Ukraine since 2022, including funds for drone purchases, and provided technical support to the United24 crypto donation platform. https://bits.media/rossiyskaya-geprokuratura-priznala-nezhelatelnoy-ukrainskuyu-kriptobirzhu-whitebit/