Bitcoin donations to Putin opponent Navalny surge after Russian opposition leader is jailed

posted 9 months ago
Putin's opponent received 3.7 bitcoin in the last week, tripling the amount raised in the first two weeks of 2021. The standoff between Russia President Vladimir Putin and his main opponent, Alexey Navalny, rose to a new level last week – and so did bitcoin donations to the dissident.

Navalny, a Russian politician and vocal critic of Putin, is also a successful bitcoin fundraiser in Russia, receiving 657 BTC in donations over the past five years. The pace of donations accelerated last week, after Navalny was arrested in Moscow and his team published an investigative report describing an over-the-top, luxurious, 168-acre estate with a palace that presumably belongs to Putin.
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