A crypto platform donated $ 25 to each Ukrainian user

The crypto trading platform FTX announced that it has donated $ 25 to each Ukrainian user. The move was confirmed on Twitter by the company’s CEO, Sam Bankman-Fried, known in the industry as SBF.

The Bahamas-based FTX has more than 9 million active users. $ 10 billion in assets are traded daily on the platform.

we just gave $ 25 to each Ukrainian on FTX

do what you gotta do

– SBF (@SBF_FTX) February 24, 2022

Several companies have condemned Russia’s actions and announced initiatives to support war-torn Ukrainian civilians. The Polish video game developer 11 bit studios and the distribution platform GOG, from the same country, announced that they will donate to the Ukrainian Red Cross all the revenues recorded in seven days from the video game This War Of Mine.

Read also: Russia vs. Ukraine: How Putin’s regime uses cyberattacks as a weapon

The title is anti-war. Players fall into the shoes of civilians trying to survive in a besieged city. The scenario is known these days to the inhabitants of several Ukrainian cities, surrounded by Russians.

Cryptocurrency investors also help

At the same time, the crypto community managed to raise the equivalent of over $ 4 million in Bitcoin for the victims of the conflict in Ukraine. Of that amount, more than $ 3 million came from a single unknown person. A non-governmental organization received the equivalent of $ 675,000 on February 24 alone.

Russia has mobilized more than 180,000 troops for the campaign in the neighboring state. On the first day of the conflict, more than 100,000 Ukrainian civilians fled their homes, according to the UN. Many people go to neighboring states, including Romania, and others take refuge in atomic shelters and subway stations.

In addition to the military, dozens of civilians have been killed, according to British Defense Secretary James Heappey.

The situation will worsen in the next period when the two sides will fight for control over the capital Kiev.

Source: Finbold