Ukraine government goes after Russian politician wallets with rewards

The Ukrainian government announced it will reward anyone that can provide information on Russian politicians' crypto wallets.

Published Mon, Feb 28 2022 2:40 AM CST   |   Updated Thu, Mar 24 2022 5:04 AM CDT

The Ukrainian government has announced it will give rewards to anyone who can provide information on Russian politicians' cryptocurrency wallets.

The announcement comes from the Ukraine Deputy Prime Minister and Minister of Digital Transformation Mykhailo Fedorov, who took to Twitter to say that the Ukrainian cryptocurrency community is ready to provide a "generous reward for any information about crypto-wallets of Russian and Belarusian politicians and their surroundings." Fedorov goes on to add that "War crimes must be pursued and punished!".

This isn't the first time the Ukrainian government has been involved in cryptocurrency, as it recently requested and received millions in donations to provide aid in its effort against the Russian invasion. According to Artem Afian, a Ukrainian lawyer that is managing the effort of locating cryptocurrency wallets held by politicians, the rewards will come from private donations and will be given in Bitcoin, Ethereum, and some other cryptocurrencies.

"We want them to understand that they are not welcome in Ukraine or in crypto," said Afian.

Additionally, Afian said that the Ukrainian government wishes to identify these wallet addresses so they can be marked as "toxic," which will hopefully deter businesses, companies, and individuals from conducting transactions with them.

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Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science and space news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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