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Hackers revealed that 986 unique BTC wallets have allegedly been used by Russian state intelligence groups, amid the complicated relationship between crypto and the Russian government.

A recently deleted Chainalysis report from April 26 revealed that by using the blockchain feature OP_RETURN, which allows senders to attach messages on transactions, Bitcoiners could trace the more aggressive usage of BTC by Russian State intelligence groups. Almost 1000 wallets were linked to Russias Foreign Military Intelligence Agency (GRU), Federal Security Service (FSB), and Foreign Intelligence Service (SVR).

The OP_RETURN feature, according to the Bitcoin Wiki, allows a user to void the transaction and has at times been used to convey additional information needed to send transactions, meaning that burned transactions can also broadcast and keep added messages on the blockchain forever. The so-called OP_RETURN vigilante burned over $300,000 in BTC to send messages via BTC transactions to these addresses between February 14, 2022 and March 14, 2022putting the start of Russias Ukraine invasion right in the middle of the informants quest.

The transactions included the four following texts in Russian:

Whats more, the vigilante is suspected to have gained access to the private keys of these wallets marked with the above four messages because the vigilante returned in April 2022 to send money from these wallets to Ukrainian aid addresses.

The possibility that the OP_RETURN sender acquired private keys for Russian-controlled addresses also suggests that the Putin regimes crypto operations arent secure, Chainalysis reported.

At least three of these wallet addresses are confirmed to be owned by Russian agencies, according to the report. Wallets ytPm and 2uPf are owned by the SVR, cybersecurity firm HYAS confirmed in a now-archived post. Wallet 4hDH is owned by the GRU, which was confirmed by the wallets connection to DCLeaks.com that had spread disinformation about U.S. politicians leading up to the 2016 U.S. presidential election.

While the Russian government agencies have yet to respond to the validity of the claims above, blockchain sleuths and hackers found a way to hypothesize how Russia has been using crypto to its advantage in its war against Ukraine.

Those OP_RETURN message will be there forever no government or corporation can take them down, the Chainalysis report reads, highlighting how government officials can have trouble grasping basic principles of blockchain technology.

Ukraine has fully embraced the use of crypto since the start of the war as an easy way for people to donate to Ukrainian war efforts. The Ukrainian government managed to collect $600,000 in donations in a matter of days and over $70 million within a few weeks of the war, with notable names such as Vitalk Buterin, the Canadian-Russian head of Ethereum, tweeting in support of Ukraine.

Over the border, the Russian government has been uncertain about crypto adoption. In July 2022, Russian President Vladimir Putin signed into law a crypto ban on the payment of goods and services. Meanwhile, the Russian Duma expressed interest in developing a digital ruble CBDC for 2023 to be used only for specified goods and services.

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Hundreds of Bitcoin Wallets Controlled by Russian Intelligence ... - Crypto Briefing