Ukrainian military group receives hundreds of thousands in BTC donations

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Ukrainian military group receives hundreds of thousands in BTC donations
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Bitcoin donations to a pro-military Ukrainian group have surged in the past day in the wake of Russia's invasion.

Bitcoin donations to a pro-military Ukrainian group have surged in the past day.

Russian President Vladimir Putin deployed what he termed a special military operation against Ukraine early Thursday morning, launching a series of missile attacks. Ukraine is now facing a full-scale invasion from Russia on three fronts. As Ukraine braces itself against further onslaught, blockchain analytics and compliance firm Elliptic

earlier in the day that $400,000 in bitcoin had been donated to"Come Back Alive," a Ukrainian non-governmental organization based in Kyiv that distributes supplies to soldiers.has amassed $808,521 in bitcoin, having transacted over 900 times on the Bitcoin blockchain. Most of the transactions have occurred in the past week — and a full $725,000 in bitcoin donations, spread across 780 transactions, have landed in the wallet since yesterday.

Come Back Alive has been crowdfunding for Ukrainian armed forces through a number of platforms. On Wednesday, it announced in a

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