Suryaa Now International Desk: Court sentences Russian citizen to 13 years rigorous imprisonment for allegedly donating cryptocurrency to Ukraine's defense fund A court has sentenced a Russian citizen to 13 years of rigorous imprisonment for allegedly making donations to Ukraine's defense fund through cryptocurrency. This matter came to light when the leading crypto exchange firm Binance disclosed the transaction data of the concerned person to the Russian authorities. Official sources have confirmed that a Russian court has sentenced him to a long prison term after completing the investigation into the case of treason.
Since the start of the war with Ukraine, Russia has kept a tight watch on those who provide financial aid to foreign or enemy countries. Authorities found that the suspect had transferred funds in crypto to support Ukraine's military through his Binance account. On the basis of the reports received from Binance, the security agencies who investigated this arrested him and made him face trial.
Binance has been criticized in crypto circles for failing to protect the privacy of users' personal information and financial transactions. Global crypto enthusiasts are concerned about providing user details to governments in the name of regulations. Although sources in Binance say that during wartime, international laws and norms of nations have to be followed, the ruling has sparked a huge debate around the world.