The latest statements from Ukrainian public officials revealed a billion dollars they would own in bitcoin. An online inducement collected data from 791,872 state employees and 652 respondents disclosed their crypto holdings.
Largest crypto holder in report has 18,000 BTC
According to the Opendatabot site, officials currently hold a total of 46,351 BTC, which is more than 75 billion hryvnias ($ 2.66 billion) at the time of publication. The declaration campaign ended on March 31, 2021.
But bitcoin is not the only cryptocurrency found among the collective deposits of Ukrainian state employees. According to the report, ethereum (ETH), litecoin (LTC), cardano (ADA), stellar (XLM), IOTA, Bitcoin Cash (BCH) and Bitcoin Gold (BTG) are the other cryptos in which officials have invested.
Most Ukrainian state employees with cryptocurrencies work in city councils, the defense ministry and the national police, Opendatabot said. However, there are also cryptocurrency holders who work in the prosecutor’s office and village councils across Ukraine.
So far, the manager with the most bitcoins is Mishalov Vyacheslav Dmitrovich, a deputy from Dnipro city council who held 18,000 BTC at the time of deposits.
Following Opendatabot’s results, Digital Transformation Minister Mykhailo Fedorov praised collective deposits, saying it shows how much the country’s officials are becoming more “progressive and far-sighted investors than we thought. “.
Anti-Corruption Agency issues warning on officials who may have provided inaccurate data
But the fact that a report like this was made public has not been welcomed by everyone in the country.
Sergiy Petukhov, head of the mandatory inspections department at the National Agency for the Prevention of Corruption, said his office carried out 250 checks this year, including state employees of Bitcoin holdings. He added that some officials claimed their filings contained errors and cautioned against Opendatabot’s results:
If we find that the information provided about the possession of cryptocurrency is inaccurate, this is the basis of administrative or criminal liability.
Ukrainian officials are required to disclose their assets as part of a formal electronic reporting process designed to reduce corruption.
Opendatabot is a service that monitors registration data of Ukrainian companies and officials.
What do you think of this report on bitcoin holdings of Ukrainian officials? Let us know in the comments section below.
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