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In a notable growth inside Ukraine’s ongoing efforts to fight corruption, authorities have not too long ago uncovered what seems to be the nation’s first occasion of a cryptocurrency-based bribe. The National Anti-Corruption Bureau of Ukraine (NABU) has raised suspicions in opposition to a lawmaker, notably a member of the parliament’s anti-corruption committee, for allegedly trying to make use of Bitcoin to facilitate a corrupt transaction.

Details of the Cryptocurrency Bribe

This case entails an accusation that the lawmaker provided $50,000 in Bitcoin to safe state funds designated for reconstructing infrastructure. While withholding the official’s identify, the NABU disclosed that the suspected particular person obtained a proper discover of suspicion. The head of Ukraine’s State Agency for Restoration and Infrastructure Development considerably reported this bribe attempt to the authorities after a tranche of $10,000 was obtained.

Ukraine’s Anti-Corruption Drive Intensifies

This occasion underscores Ukraine’s intensified combat in opposition to corruption, significantly because the nation aspires to European Union membership. The EU has emphasised anti-corruption measures as a vital criterion for initiating membership discussions. Moreover, the NABU’s chief, Semen Kryvonos, earlier conveyed the company’s dedication to prioritizing crimes in crucial areas like protection and reconstruction, particularly throughout wartime.

The investigation into this unprecedented use of cryptocurrency in a bribery case is a part of a broader crackdown. Authorities additionally not too long ago suspected two high-ranking cybersecurity officers of embezzlement. The state reconstruction company additionally reaffirmed its dedication to a zero-tolerance coverage in direction of corruption, pledging ongoing cooperation with legislation enforcement and anti-corruption our bodies.

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Kelvin is a distinguished author specializing in crypto and finance, backed by a Bachelor’s in Actuarial Science. Recognized for incisive evaluation and insightful content material, he has an adept command of English and excels at thorough analysis and well timed supply.

The introduced content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.