Ukrainian civil servants massively declare cryptocurrencies such as Bitcoin, Ethereum and Tether, mostly acquired between 2012 and 2017.
Crypto-officials
Increasing number of declarations with cryptocurrencies
Compared to 2016, when only 25 declarations of civil servants contained information about cryptocurrencies, in 2022 there were already 1,428 such declarations. This indicates a rapid increase in the popularity of virtual assets among Ukrainian officials over the past six years.
Distribution by types of cryptocurrencies
Bitcoin, Ethereum and Tether became the most popular cryptocurrencies among civil servants. Monero, Pepe and Solana also declared. While Bitcoin and Ethereum remain the leaders in terms of the number of declared units, Tether is rapidly gaining momentum in 2022, displacing Ripple from the top 3.
Officials who own large amounts of cryptocurrencies
Among the Ukrainian officials who declared significant amounts of cryptocurrencies, it is worth highlighting Mykyta Kuzkevich, Ivan Ivanov, Oleksandr Kizlyar, Hennadiy Pogorelov and Oleg Bondarenko. Some of them claim to have acquired cryptocurrency in the early stages of its formation, but cannot always confirm the origin of the assets.
Glossary
- Bitcoin (BTC) is the first and most famous decentralized cryptocurrency based on blockchain technology.
- Ethereum (ETH) is a blockchain platform with its own cryptocurrency designed for creating decentralized applications.
- Tether (USDT) is a stablecoin pegged to the US dollar and widely used for cryptocurrency trading.
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Discussion of the topic – Bitcoin, Ethereum or Tether: Which cryptocurrency and how much do Ukrainian civil servants have?
The number of Ukrainian officials who own cryptocurrency has increased from 25 in 2016 to 1,428 in 2022. AIN.UA and the Molfar OSINT agency analyzed the declarations and compiled the top ten owners of virtual assets among civil servants.
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Ігор
The fact that Ukrainian officials own cryptocurrencies is a rather ambiguous phenomenon. On the one hand, it demonstrates their awareness of modern technologies and investment opportunities. 🤔 But on the other hand, there are questions about the origin of funds and a potential conflict of interests.
Вікторія
Okay, Igor, I understand your doubts. However, I believe that owning cryptocurrency is a progressive step for officials. This indicates their readiness for innovation and openness to new financial instruments. 💰 The main thing is that they properly declare their assets.
Максим
On the one hand, I am glad that Ukrainian officials are not afraid of crypto and are investing in it. But, in my opinion, the volume of some of them raises questions. 🤨 Do their official earnings allow you to own thousands of BTC or ETH?
Ганна
It seems to me that there is nothing strange here. After all, these officials could purchase their cryptocurrencies at the dawn of their creation, when the price was very low. 💎 That's why their investments look huge now.
Петро
Bgrrr... What kind of nonsense is this crypt? How much is being said about her, but it makes no sense. It's better to keep your money under your mattress than to play with these virtual lollipops! 😒
Вікторія
Oh, Peter, you are too conservative! 😄 Cryptocurrencies are the future of the financial world. And if our officials invested in them on time, it is only for the benefit of the country and demonstrates their progressiveness.
Максим
I agree that the crypt is the newest technology that opens up new opportunities. But at the same time, it carries certain risks, especially in matters of regulation and taxation. 💹 So it is important for officials to observe transparency and legality in this area.
Ганна
And here I am thinking about how cryptocurrencies can help in matters of public administration. Imagine if the system of payments to civil servants and procurement was based on the blockchain! 🤩 This would reduce corruption risks and increase the transparency of budget expenditures.