$5 Million Crypto Scandal Exposes Ukraine’s Anti-Corruption Blind Spot
A Ukrainian local politician is facing criminal charges for hiding nearly $5 million worth of crypto assets from financial disclosures.
This is the latest case showcasing a significant systemic weakness in Ukraine’s anti-corruption oversight and how it tracks cryptocurrency declarations.
Authorities are investigating a Poltava City Council officer suspected of deliberately making false statements on his mandatory financial disclosures.
Reports indicate that Deputy Oleksandr Kalutskyi failed to declare cryptocurrency totaling over 200 million hryvnia, or approximately $4.77 million. The concealed assets allegedly belonged to both Kalutskyi and his close…
