FATF Is Against War In Ukraine

The FATF, an international organization to combat money laundering, made a statement condemning the military actions in Ukraine. Russia’s actions were considered a violation of FATF standards, contradicting the values ​​of the organization.

The role of Russia in the organization will be reviewed. FATF believes that the behavior of the Russian Federation is contrary to the principles of international cooperation and is a threat to the entire cryptosphere.

In addition, the organization is concerned about the increasing risks of terrorist financing and money laundering due to the current political situation. The risks of cybercrime have also increased significantly, so the control system is also being tested.

The BTC-Alpha team together with trusted volunteer communities created a charity fund ‘‘Alpha for Ukraine’. You can make a donation to help everyone in Ukraine who needs medicines, humanitarian aid and to support the defence of the country.

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