CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
  • Market Updates
  • BTC Analysis
  • ETH Analysis
  • XRP Analysis
  • Interviews
CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
Home » Crypto News » Someone Donated $3 Million in BTC to Ukraine’s Charitable Organization in Support of its Military

Someone Donated $3 Million in BTC to Ukraine’s Charitable Organization in Support of its Military

Author: Dimitar Dzhondzhorov

Last Updated Feb 25, 2022 @ 12:08

The Ukrainian military equipment provider – Come Back Alive – received donations of $400,000 worth of BTC in just 24 hours.

Getting your audio player ready...

According to Elliptic data, people have donated $400,000 worth of Bitcoin to the Ukrainian nongovernmental organization – Come Back Alive. The latter provides military equipment, medical supplies, and training services to the local army.

In addition, today (February 25), a mysterious contributor donated 80 BTC to a charity organization supporting the Ukrainian army. Calculated at current prices, the amount equals over $3 million.

Another Ukrainian entity – Cyber Alliance – received approximately $100,000 worth of Bitcoin, Ether, Litecoin, and a mix of stablecoins over the last year.

Bitcoin to Aid Ukraine’s Forces

Tom Robinson – Chief Scientist of the blockchain analysis provider Elliptic – revealed that digital asset donations supporting the Ukrainian military are on the rise. In just 24 hours, the charitable foundation – Come Back Alive – received about $400,000 worth of bitcoin.

Cryptocurrency donations in support of the Ukrainian armed forces are soaring – with almost $400,000 received so far today.
Learn more about the crypto-crowdfunding of the Russo-Ukrainian War, in this recent @elliptic blog: https://t.co/aTRwTsOkTj pic.twitter.com/Wefb7jRRdW

— Tom Robinson (@tomrobin) February 24, 2022

With their donations, contributors aimed to provide military equipment, drones, and medical supplies for the Ukrainian army. Another target is developing a facial recognition application to identify if someone is a Russian spy.

“Cryptocurrency is increasingly being used to crowdfund war, with the tacit approval of governments,” Tom Robinson added.

It is worth noting that earlier today (February 25), someone made a single donation of over $3 million worth of bitcoin to an entity supporting the Ukrainian forces.

Another organization that received a considerable amount of contributions is Cyber Alliance. Over the last year, people have sent around $100K worth of Bitcoin, Ether, and other cryptocurrencies. The group is a community of Ukrainian cyber activists who protect Ukraine’s cyberspace and counterattack Russian hackers.

At the same time, pro-Russian separatists have also been raising funds in digital assets since the start of the conflict. It remains unknown the amount of donations they have collected.

Over $570K in Bitcoin Donations in 2021

Last year, the Ukrainian volunteer groups received more than $570,000 worth of Bitcoin. This represents a 900% increase compared to 2020.

“Bitcoin has also emerged as an important alternative funding method, allowing international donors to bypass financial institutions that are blocking payments to these groups,” Elliptic stated earlier this month.

The Russo-Ukrainian conflict has its roots in a long history between the two former Soviet states. In 2014, Russia annexed the Crimean Peninsula from Ukraine, which caused a civil war. Earlier this week, tensions reached a peak as Putin ordered a “special military operation” on its neighbor’s territory, which seems like the beginning of a full-scale invasion.

Many leaders and prominent individuals opined against Russia’s actions. Among them was Ethereum’s Co-Founder – Vitalik Buterin. He declared his support to Ukraine and called Putin’s operation a “crime against the Ukrainian and Russian people.”

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Tags: Bitcoin Russia Ukraine
Enjoy reading? Share with your friends
Facebook Twitter LinkedIn Telegram

About The Author

Dimitar Dzhondzhorov
More posts by this author

Dimitar got interested in cryptocurrencies back in 2018 amid the prolonged bear market. His biggest passion in the field is Bitcoin and he was fascinated with its journey. With a flair for producing high-quality content, he started covering the cryptocurrency space in late 2018. His hobby is football.

Join Our Community

FacebookX YouTubeTelegram


Editorials
How to Farm Airdrops on Hyperliquid (HYPE): The Complete Guide to Free Money This Crypto Cycle

How to Farm Airdrops on Hyperliquid (HYPE): The Complete Guide to Free Money This Crypto Cycle

How to Trade on Hyperliquid: The Ultimate Guide (Step-by-Step Walkthrough)

How to Trade on Hyperliquid: The Ultimate Guide (Step-by-Step Walkthrough)

12 Best Meme Coins to Watch in July 2025

12 Best Meme Coins to Watch in July 2025

7 Best Meme Coin Presales to Watch in July 2025

7 Best Meme Coin Presales to Watch in July 2025

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

11 Best Crypto Presales to Consider in July 2025

11 Best Crypto Presales to Consider in July 2025

Join Our Newsletter
Become a CryptoPotato VIP
One Weekly Email Can Change Your Crypto Life.
Sign-up FREE to receive our extended weekly market update and coin analysis report
We NEVER send spam. You can unsubscribe at any time.
Invalid email address
Thanks for subscribing!
Footer Logo
About
Advertise on CryptoPotato
About Us | Contact Us | Careers
Editorial Policy
Terms of service | Privacy Policy | GDPR
More Sections
IEO List | Evaluations
Airdrops
Scholarship
Disclaimer
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
© Copyright CryptoPotato 2016 - 2025
Scroll to top
One Daily Email Can Change Your Crypto Life.

Sign-up FREE to receive our extended daily market update and coin analysis report

We never send SPAM. You can unsubscribe at any moment
Invalid email address
Thanks for subscribing!