Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Ukraine seizes $1.5 million worth of cryptocurrency from former government official
ADOPTION NEWS

Ukraine seizes $1.5 million worth of cryptocurrency from former government official

By Crypto FlexsDecember 1, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ukraine seizes .5 million worth of cryptocurrency from former government official
Share
Facebook Twitter LinkedIn Pinterest Email

Ukraine’s Anti-Corruption Service said Thursday it had seized $1.5 million worth of cryptocurrency assets from Yuri Rural, the former head of Ukraine’s Special Communications Service.

The asset seizure includes 6.9 BTC, 1.2 million USDT and 331 TRX belonging to Shchigol, the agency known as NABU said in a release. The former government official is being investigated for allegedly misappropriating about $1.8 million worth of government funds.

According to NABU, Shchigol and his deputy Victor Zhor were behind a criminal scheme in which the Special Communications Service, which provides communications between government agencies, purchased and overpaid for software and services from two companies. The purchase was made in secret to avoid a public auction.

These unnamed companies colluded with Shchigol and Zhor, and the government agency ended up paying 285 million hryvnia ($7.8 million). The goods and services purchased were actually purchased from other suppliers abroad and cost only 223 million hryvnia ($6.1 million). NABU said Shchigol and Zhor pocketed the difference.

conspirator arrested

Ukrainian news agency RBC reported that Zor was arrested Wednesday.

Ukrainian officials are known to use cryptocurrencies. In 2021, various government officials reported owning 46,351 bitcoins, worth $2.7 billion at the time. The 19-year-old son of two members of parliament and a local politician reported owning $24.6 million worth of Monero.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025
Add A Comment

Comments are closed.

Recent Posts

ETH And BTC Holders Are Flocking To OAK Mining For Stable Profits Of $8,600 Daily

October 16, 2025

Will Solana price fall to $170 once it gets close to the important support level?

October 16, 2025

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

ZBCN is tradable!

October 15, 2025

Analysts expect a breakout of $135 as ETF approval buzz grows.

October 15, 2025

Chinese woman pleads guilty ahead of trial in $7 billion British Bitcoin fraud case

October 15, 2025

XMoney Launches $XMN On Sui, Expands Listings Across Global Exchanges

October 15, 2025

ZNB) STRENGTHENS BALANCE SHEET WITH USD 231 MILLION BITCOIN-BACKED INVESTMENT AMID MARKET TURBULENCE

October 15, 2025

XRP price falls 6% as market crash causes whales to flee

October 15, 2025

US government holds $36 billion in Bitcoin after largest confiscation in history

October 15, 2025

Decoding City Protocol’s IP Capital Market

October 14, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

ETH And BTC Holders Are Flocking To OAK Mining For Stable Profits Of $8,600 Daily

October 16, 2025

Will Solana price fall to $170 once it gets close to the important support level?

October 16, 2025

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025
Most Popular

Bug Bounties Wrong: Kraken Accuses CertiK of Extortion, CertiK Defends Its Actions

June 20, 2024

EEA Member Spotlight with Unicorn Ultra Network CMO Chloe Phung

November 24, 2023

The Sei Research Initiative aims to overcome EVM limitations.

November 14, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.