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Ukraine Takes $8.3M in Seized Crypto Under State Management in a First
Ukraine has taken seized cryptocurrency into state custody for the first time, a milestone for a country that has quietly become one of the world's largest government holders of crypto. More than $8.3 million in the stablecoin USDT has been moved to a crypto wallet controlled by ARMA, Ukraine's asset-recovery agency, the country's Prosecutor General's Office said in a statement published on Telegram. "This is the first case when seized crypto assets have actually been transferred to the management of the state," the office said, per a translation of the post. The USDT came from wallets controlled by an alleged ... (full story)
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