No evidence Ukraine aid 'laundered' to Democrats through FTX

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No evidence Ukraine aid 'laundered' to Democrats through FTX
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A widely shared, unproven theory says a now-bankrupt cryptocurrency exchange funneled US aid meant for Ukraine to Democratic candidates running in the midterm elections instead. But public records do not support the claims

"Most of the aid goes through third parties and not directly to the Ukrainian government. For example, much of the humanitarian assistance goes to relief organizations," Cancian told AFP."Purchases of military supplies for Ukraine go to the contractor."

Cancian said it is theoretically possible that some of the money for Ukraine could have been diverted, but that he has"not heard any reports to that effect."Aid for Ukraine is a fundraising site where people can donate to the country via cryptocurrency. It in March 2022 as a partnership between the Ministry of Digital Transformation, FTX and Everstake, a Ukraine-based company that provides technical blockchain support.that the claim circulating online"does not correspond with reality."

6/11 This information does not correspond with reality, as Aid For Ukraine has used FTX only a few times exclusively to convert crypto donations into fiat in early March 2022. The National Bank of Ukraine has confirmed the receipt of all donations:

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