Techub News reports that, according to Bitsmedia, the Office of the Prosecutor General of Russia has decided to designate the cryptocurrency exchange WhiteBit and its affiliated subsidiary structure W Group as "undesirable" organizations within Russia. Since 2022, WhiteBit management has transferred approximately $11 million to the Ukrainian military, with about $900,000 used for drone procurement, and claims that the platform collaborates with the Ukrainian Ministry of Foreign Affairs to provide technical support for the United24 crypto donation platform.
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Techub News reports that, according to Bitsmedia, the Office of the Prosecutor General of Russia has decided to designate the cryptocurrency exchange WhiteBit and its affiliated subsidiary structure W Group as "undesirable" organizations within Russia. Since 2022, WhiteBit management has transferred approximately $11 million to the Ukrainian military, with about $900,000 used for drone procurement, and claims that the platform collaborates with the Ukrainian Ministry of Foreign Affairs to provide technical support for the United24 crypto donation platform.