The post Russian Intelligence Possibly Using Bitcoin to Finance Agents, Blockchain Analysts Suggest appeared on BitcoinEthereumNews.com.

Russian intelligence agencies are increasingly leveraging cryptocurrency to fund covert operations, utilizing Bitcoin to pay spies and operatives across Europe. Recent investigations reveal sophisticated blockchain laundering techniques employed by the FSB and GRU, highlighting the strategic use of crypto in espionage and influence campaigns. According to blockchain analytics firms Global Ledger and Recoveris, transactions linked to Russian intelligence follow structured patterns, enabling real-time monitoring and operational auditing. Russian intelligence agencies use Bitcoin to finance spies and covert operations, employing advanced blockchain laundering to evade sanctions and maintain global reach. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Cryptocurrency as a Tool for Russian Intelligence Funding Recent revelations underscore how Russian intelligence services, including the FSB and GRU, have adopted Bitcoin as a discreet payment method for recruiting and financing agents. The case of Laken Pavan, a Canadian teenager recruited and paid in Bitcoin by the FSB, exemplifies this trend. Blockchain investigators traced the $500 payment to intermediary wallets linked to a large Bitcoin address active since mid-2022, which has processed over $600 million in transactions. This wallet’s activity aligns with Moscow business hours, suggesting direct operational control by Russian agencies. The use of cryptocurrency facilitates rapid, borderless transfers that circumvent traditional financial oversight, enabling intelligence services to sustain espionage activities despite international sanctions. Blockchain Analytics Reveal Structured Laundering Patterns Blockchain firms Global Ledger and Recoveris have identified a consistent…

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Filed under: News - @ June 14, 2025 8:22 pm