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Russian Man Arrested for Treason Over Crypto Payments to Ukraine’s Military

20.09.2024 9:30 1 min. read Alexander Stefanov
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Russian Man Arrested for Treason Over Crypto Payments to Ukraine’s Military

In Komsomolsk-on-Amur, a city in Russia’s Far East, an unnamed individual has been detained on charges of high treason for allegedly sending cryptocurrency to Ukraine's military.

The funds were reportedly intended to buy arms, ammunition, and uniforms, as stated by Russian state media Izvestia.

The Federal Security Service (FSB) released a video of the arrest, showing agents detaining the man forcefully.

This arrest follows a similar case from September 17, where a man in Mariupol was charged with high treason for allegedly providing Ukraine’s intelligence with sensitive information about Russian troop locations.

The potential sentences for these individuals remain uncertain. Recently, physicist Alexander Shiplyuk was sentenced to 15 years for “state treason” after sharing classified missile program details with German intelligence in 2017.

His colleague, Anatoly Maslov, was also accused of similar offenses and sentenced to 14 years in May. If he survives, Maslov will be 90 upon release.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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