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      The fight to cut off the crypto funding Russia’s invasion of Ukraine

      news.movim.eu / ArsTechnica · Sunday, 9 October, 2022 - 10:23 · 1 minute

    The fight to cut off the crypto funding Russia’s invasion of Ukraine

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    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 . But even as those global sanctions have carefully excised Russia from global commerce, millions of dollars have continued to flow directly to Russian military and paramilitary groups in a form that’s proven harder to control: cryptocurrency.

    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. According to analyses by cryptocurrency-tracing firms Chainalysis, Elliptic, and TRM Labs, as well as investigators at Binance, the world’s largest cryptocurrency exchange, recipients include paramilitary groups offering ammunition and equipment, military contractors, and weapons manufacturers. That flow of funds, often to officially sanctioned groups, shows no sign of abating and may even be accelerating: Chainalysis traced roughly $1.8 million in funding to the Russian military groups in just the past two months, nearly matching the $2.2 million it found the groups received in the five months prior. And despite the ability to trace those funds, freezing or blocking them has proven difficult, due largely to unregulated or sanctioned cryptocurrency exchanges—most of them based in Russia—cashing out millions in donations earmarked for invaders.

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      Meta disrupted China-based propaganda machine before it reached many Americans

      news.movim.eu / ArsTechnica · Tuesday, 27 September, 2022 - 19:48

    Meta disrupted China-based propaganda machine before it reached many Americans

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    China’s ability to influence American politics by manipulating social media platforms has been a topic of much scrutiny ahead of the midterm elections, and this week has marked some progress toward mitigating risks on some of the most popular US platforms.

    US President Joe Biden is currently working on a deal with China-based TikTok —often regarded as a significant threat to US national security—with the one goal of blocking potential propaganda or misinformation campaigns. Now today, Meta, owner of Facebook and Instagram, shared a report detailing the steps it took to remove the first “Chinese-origin influence operation” that Meta has identified attempting “to target US domestic politics ahead of the 2022 midterms.”

    In the press release , Meta Global Threat Intelligence Lead Ben Nimmo joined Meta Director of Threat Disruption David Agranovich in describing the operation as initiated by a “small network.” They said that between fall 2021 and September 2022, there were four “largely separate and short-lived” efforts launched by clusters of “around half a dozen” China-based accounts, which targeted both US-based conservatives and liberals using platforms like Facebook, Instagram, and Twitter.

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