Ukraine transfers $8.3 million in seized crypto amid potential plans for strategic reserve
The funds were seized during an investigation into an international hacker group accused of laundering proceeds from data theft through high-value property.
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Summary
- ARMA received $8.3 million in USDT, marking the first time in Ukraine’s history that seized cryptocurrency has been successfully transferred into state management.
- The funds were seized during an investigation into an international hacker group accused of laundering proceeds from data theft through high-value property.
- The move comes amid plans to create a potential crypto reserve.
