As Russian troops have flooded into Ukraine’s borders for the past eight months—and with an ongoing mobilization of hundreds of thousands more underway—the Western world has taken drastic measures to cut the economic ties that fuel Russia’s invasion and occupation.Since Russia launched its full-blown invasion of Ukraine in February, at least $4 million worth of cryptocurrency has been collected by groups supporting Russia’s military in Ukraine, researchers have found.“Our aim is to identify all the crypto wallets being used by Russian military groups and the people helping them; to find, seize and block all this activity that is helping to buy the bullets, the ammunition of this occupation,” says Serhii Kropyva, who until recently served as deputy of Ukraine’s Cyber Police and advisor to the country’s prosecutor general.In another instance, Chainalysis points to a fundraiser by a group called Project Terricon that attempted to auction NFTs to support pro-Russian militia groups in Eastern Ukraine, though the NFTs were removed from the marketplace they were hosted on before any bids were placed.Binance, for instance, points to a pro-Russian “cultural heritage” group known as MOO Veche that has carried out fundraisers for military equipment similar to the kinds funded by the groups Chainalysis flagged."