Ethereum co-founder warns people before donating funds to Ukraine
Vitalik Butterin pointed out some issues that may happen accidentally because of some hacking activities on the social accounts of Ukrainian agencies.
This is the fourth day and still, the war between Ukraine & Russia is going on. Russia is showing its strength significantly against Ukraine. Ukraine is very weak against Russia in almost every aspect whether it is financial or military power. Supporting Countries are supporting Ukraine to power up its abilities against Russia.
The Crypto community is also supporting Ukraine in this geopolitical situation and donating Bitcoins to the NGOs of Ukraine to distribute funds to the Ukraine military directly. Reportedly, the Crypto community collected around $4 million worth of Bitcoin to help Ukraine.
On 26 February, Vitalik Butterin, co-founder of Ethereum blockchain, warned people through his official Twitter account.
Vitalik said that it is ok to donate and help Ukraine but be careful in this situation before contributing to help Ukraine. Vitalik suggested people check properly before sending Bitcoin, Ethereum, or any other crypto assets to the attached addresses because accounts or websites may be under the control of other non-Ukrainian agencies.
However, at the time of writing this article, Vitalik confirmed that he deleted his warning tweet and also quoted & ensured a genuine fundraising campaign.
Besides this tweet, Vitalik retweeted another tweet of Unchain.Fund, which is a live campaign to support Ukraine with 100% of the collected funds.
We've launched a crypto-native fundraising campaign https://t.co/MLU2FwoZJn to support Ukraine with humanitarian aid.
— unchain.fund (
Pls, retweet! Let's provide life-changing support for those in need, and truly make the difference.
1/10 pic.twitter.com/nF0uTVKQ1Q,
Before this, Vitalik raised his voice against Russia and claimed that it is disappointing that Russia is doing such activities against Ukraine, which was not expected by anyone.
The Ethereum co-founder also wrote that Ethereum is neutral but he is not. Indirectly he tried to request the Russian government to stop such kinds of operations in Ukraine, to save the life of innocent people.
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