The statement revealed that a top government official from the Ukraine Rovne. Region owned more than $8 million worth of cryptocurrency investments as well as 500 Tesla shares. After the news announces in the media, another Ukrainian politician from Kiev. Were unable to prove the ownership of cryptocurrency assets on their statements of assets.
Ukrainian Politician Declare That Crypto Assets Cannot Show Proof of Ownership
Crypto investments are becoming increasingly popular in the eyes of Ukrainian politician leaders. As the reports of mandatory asset declarations show. According to the latest reports from the media, one of the members of the Virovsky Village Committee. In the west of Rivne Oblast has announced that he had 124 BTC that is worth more than eight million US dollars at present prices.
Vladimir Pachesny purchased this coin at 73,920 hryvnia as of early 2013 using the most recent high-priced exchange rate for that of the Ukrainian legal tender that is slightly more than the $2,800. In 2019, the 36-year old local representative also purchased 500 shares in the American electric vehicle. Company Tesla that announced earlier in the year 2018 that it had increased cryptocurrency prices in order to accept the currency and also own Bitcoin.
Pachesny isn’t the only cryptocurrency investor, nor is he the most wealthy among Ukrainian politician. But Ukraine has been a leading country in the adoption of crypto. According to an article published in April. Officials and politicians own 46,351 hryvnia BTC which is worth $75 billion (more than 2.6 billion US dollars). Dnipro City Council member Mishalov Dmitrovich (Mishalov Dmitrovich) owns the largest amount of 18,000 BTC.
As well as a variety of other digital currencies, such as ETH, LTC, BCH, and XMR. Based on the surveillance of Open data bots on the Ukrainian public registration platform. However, not all of them is able to provide the documents to show that they own or control the cryptocurrency. In the spring of this year NAPC National Bureau of Corruption Prevention (NAPC) has pledged to confirm the facts.
Another Ukrainian Politician Who is Unable to Justify his Position on Cryptocurrency
Ukrainian Media reported in September that an official from the President’s Zelensky’s People’s Servant Party failed to demonstrate that he had digital assets. The information provided to lawmakers indicates that the spouse of his Maria Saltykova owned 42 BTC in the year prior. Then, NAPC stated that it did not provide any documentation to verify the authenticity of the data. The deputy simply explained that the cryptocurrency was stored in a digital wallet which destroys after his car was taken earlier in the year.
Gurin isn’t the only one in Ukraine. An article published posted on”Slovo Dilo,” a portal, revealed “Slovo I Dilo” portal disclosed the fact that Anna Skorokhod. Another member of the Verkhovna Rada, did not present the evidence required by NAPC to prove that she owned the cryptocurrency she had previously had reported to the agency.
In his final declaration, Skorokhod stated that he was the owner of 44 BTC 130 ETH, 44 BTC and 135 ETC. His spouse at the time, Alexei Alyakin, kept them at 118VTS, 78ETN, and 350 ETC. Skorokhod Ukrainian legislator “provided a general description of the acquisition and ownership of cryptocurrencies. But did not provide documents proving the facts of the acquisition and availability of cryptocurrencies at the end of the reporting period.”
When the purchase make the price in the crypto believe to be more than 2.7 million Hryvnia (Over 10,66,000 dollars). Skorokhod said to NAPC that because of his lack of knowledge about digital currencies. All transactions on the coins were executed by his spouse in his name. He said he did not obtain the keys nor the supporting documents the following divorce.
It is believed that the Ukrainian Virtual Assets public organization and the Blockchain4Ukraine Association have brought together lawmakers from different political parties within the Ukrainian politician.