Randy Mott Profile picture
Nov 14 7 tweets 2 min read
#FTXUkraine
The full FTX story involves crazy trading by its founder using crypto deposits. Possible abuse of funds incl. campaign contributions. The bankruptcy trustee, SEC and others will be sorting it out. NO EVIDENCE yet that UKR funds from private contributions were lost./1
The UKR Digitalization Ministry reported $200MM collected in private donations with purchases of eqpt for troops and media expenses paid out. No info yet on any losses due to FTX irregular actions./3 warroom.org/2022/11/12/ban…
UKR Govt set up their crypto fund solely to allow crypto donations from private parties. /4 cryptonews.com/news/ukraine-l…
No evidence that UKR Govt put other deposits into crypto. US govt aid was not included in any UKR crypto transactions. See DOD IG [NATO members “confident that sufficient security measures have been taken for the supply of weapons]. Other aid wired to UKR targeted accts /5
No source. but Russian social media claims that US govt aid money was involved, although now conservative and right-wing media claim it was. This contradicts all reports about handling of US and NATO aid./6
Most likely that media have carelessly jumped from "aid" (private donations in crypto to UKR) to assume all gov aid to UKR involved. FACT CHECK: False./7

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