‘Help Ukraine’ Scams Appear as Country Seeks Crypto Donations, Report Reveals
Scams have started exploiting the desire of many in the crypto community to support Ukraine’s efforts to withstand Russia’s military assault and help its citizens endure the conflict. As the country is raising millions in bitcoin, a report has indicated that fraudulent schemes luring donors to “help Ukraine” with cryptocurrency are on the rise. Crypto Scams Entice Prospective Donors to Support Invaded Nation People who wish to send cryptocurrency to the Ukrainians defending their country against a military operation launched by Russia, may fall into a....
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As Ukraine is increasingly relying on crypto donations, its Cyberpolice force has also decided to seek help from the crypto community in the country and abroad. The unit now takes various cryptocurrencies to support law enforcement agencies and acquire essential supplies. Cyberpolice Ukraine’s Latest Government Body to Solicit Crypto Donations The Cyberpolice department of the National Police of Ukraine has joined the government in Kyiv and Ukrainian NGOs trying to obtain funding through cryptocurrency amid Russian military invasion. The unit has recently posted an announcement on....
The Department of the Interior of Uruguay is taking steps to warn users about the danger they face when investing in certain crypto projects that could be scams. The campaign is called “Fake Coins: Cryptocurrency Scams” and seeks to educate the population about the most common kinds of crypto scams.
Uruguay Educates on Crypto-Related Scams
More and more government bodies are becoming aware of how some parties are using crypto to execute different kinds of scams, and also more of these institutions are working to educate citizens on this fact. The Ministry of the....
Users have sent more than $48 million USD in crypto to government wallet addresses, roughly 24% of the platform’s $200 million goal. Crypto exchanges FTX and Kuna and staking platform Everstake have partnered with Ukrainian government officials to launch a donation website for users wishing to send crypto to help the country and its people.In a Monday announcement, Ukraine’s Ministry of Digital Transformation said the government had launched Aid for Ukraine, a platform that accepts donations in Bitcoin (BTC), Ether (ETH), Tether (USDT), Polkadot (DOT), Solana (SOL), Dogecoin (DOGE), Monero....
Every little bit of crypto donated can help Ukrainians, and it is clearly demonstrating that crypto is the future of financial donations. The people of Ukraine require the world’s help more than ever before. As the conflict between Russia and Ukraine continues to rage on, the world must rally behind the Ukrainian government to bring back peace and stability to the Eastern European nation.The crypto community has done just that with nonfungible token (NFT) companies, decentralized autonomous organizations (DAOs) and crypto users all over the world leading the effort to help aid Ukraine with....
Crypto donations to Ukraine have continued to grow as the war rages on. The country has seen the majority of the globe rallying around it against Russia, which many perceive as the aggressor. Given that Ukraine is a smaller country and boasts a weaker military power compared to its opportunity, the country could use all […]