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Russia uses Bitcoin to fund teenagers engaged in espionage and sabotage activities

ChainCatcher news, according to Decrypt, a survey conducted by Reuters in collaboration with blockchain analysis firms Global Ledger and Recoveris shows that Russian intelligence agencies have been using Bitcoin to pay untrained teenage spies. A Reuters report details the recent case of Canadian citizen Laken Pavan, who was sentenced to 20 months in prison after admitting to assisting Russian intelligence in Poland last December. Recoveris stated that the Federal Security Service of the Russian Federation (FSB) and the Main Directorate of the General Staff of the Armed Forces of the Russian Federation (GRU) have repeatedly funded young people in Poland to carry out tasks such as surveillance, graffiti, and arson using cryptocurrency, with some funds used to hire mercenaries in the Donbas region and to bribe European politicians."The advantage of using Bitcoin or cryptocurrency to pay agents or assets is that any amount of cryptocurrency (even millions of dollars) can be transferred instantly worldwide, without any government barriers, except for the gateway from cryptocurrency to fiat currency," In addition, Russian intelligence agencies can fully leverage the transparency brought by cryptocurrency. "Handlers and senior intelligence officials can monitor the flow of cryptocurrency." "Any expenditure by agents can be audited to ensure it is used for operational purposes." Given the ongoing sanctions, such cryptocurrency payments are expected to continue, and the transparency allows the Russian side to monitor the use of funds.
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