Member of the municipal council in Ukraine explains 124 BTC and 500 Tesla shares-

A government official in the Rivne region in Ukraine has cryptocurrencies worth almost $ 8 million and 500 Tesla shares, as his explanation shows. The news comes when another Ukrainian legislator had difficulties in Kiev to demonstrate the possession of the crypto stocks in their asset listing.

officers of Ukraine declare crypto-assets, do not provide proof of ownership

crypto investments have enjoyed growing popularity among Ukrainian politicians, as mandatory declarations of asset have shown. According to the current media reports target = "_ blank" href = "https://public.nazk.gov.ua/documents/5dc6877e5-4a14-a02a-27f0de14c0c0" Rel = "noopener"> explained with 124 btc worth almost $ 8 million at today's prices.

Vladimir Pachesny acquired the coins in early 2013 for 73,920 Griwna at the time of purchase, a little more than $ 2,800, using the latest exchange rate of the inflated Ukrainian Fiat currency. In 2019, the 36-year-old local MP also bought 500 shares from the US electric vehicle manufacturer Tesla, who this year with his announcements. The crypto prices drove accepting and own Bitcoin.

Pachesny is neither the first nor the richest nor the richest cryptocurrency investor among the officials in Ukraine, who has established himself as a leader in Ukraine Krypto introduction . A test report from April unveiled that government employees and politicians had 46.351 target = "_ blank" class = "lar-automated-link" href = "https://markets.bitcoin.com/crypto/btc" rel = "noopener"> btc worth 75 billion griwna (more than 2.6 billion US dollar), with a member of the city council of Dnipro Dmitrowitsch, the greatest stock of 18,000 owned btc .

In their explanations for 2020, personalities of public life have admitted to owning a total of 46 351 btc target = "_ blank" class = "lar-automated-link" href = "https://markets.bitcoin.com/crypto/eth" rel = "noopener"> eth , ltc , bch , and xmr , according to that of the. compiled numbers opendatabot platform, the public registers in Ukraine monitors. However, not all of them were able to present the necessary documents to prove that they have control over the coins. This spring, the National Agency for Corruption Prevention (NAPC) promised to check the numbers.

Another Ukrainian MP cannot specify their own cryptocurrency

Ukrainian media reported in September that a MP from Selenskyj ’s servant of the people had failed to demonstrate their digital stocks. Data The legislator announced that his wife Maria Saltykova 42 btc last year, but NAPC said that he did not submit any documents that confirm the correctness of this information. The MP only explained that the crypto was stored on a hardware wallet that disappeared when his car was stolen at the beginning of this year.

Gurins is not an isolated case in Ukraine. A recently published article in the "Slovo I Dilo" portal showed that another member of the Werchowna Rada, Anna Skorokhod, the NAPC did not prove that it actually had the cryptocurrencies that she had previously reported to the institution.

In her last explanation, Skorokhod stated that she had 44 btc , 130 eth and 135 etc while her husband Alexey Alyakin then about 118 втс, 78 етн and 350. In his possession etc . The Ukrainian MP revealed "general explanations for the preservation and possession of the cryptocurrency without presenting documents that certify the facts of the acquisition and availability of the cryptocurrency at the end of the reporting period".

The value of the cryptocurrencies was estimated at more than 2.7 million GriWNA (over $ 106,000) at the time of purchase. Skorokhod told the NAPC that due to its inadequate knowledge of digital money, all operations with the coins were carried out by her husband in her name. She added that after her divorce she had no access to the keys or accompanying documents.

Virtual Assets of Ukraine, a public organization, and the association Blockchain4Ukraine, the legislators of various political factions in the Ukrainian parliament, have proposed to introduce a requirement that would increase transparency in relation to the declarations of asset of civil servants. The two entities insist that officials should state the addresses of their cryptocurrency wallets in their explanations.

Do you think that Ukrainian politicians will be able to account for all their cryptocurrency stocks? Share your thoughts on this topic in the comments below.

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