Russian opposition leader Alexei Navalny raised 595 BTC in donations!

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Alexei Navalny, a Russian politician who is the main opponent of Vladimir Putin, has raised more than 595 BTC in donations! This amount of Bitcoin has been gathered over the last three years. 

The Navalny Wallet

You can see the wallet address to raise donations listed on the donations page in the Navalny 2018 presidential campaign website.

The very first donation was in 2016, and since then there have been over 2100 transactions overall. This wallet has been actively withdrawing all the funds received. At one point, someone very generous had donated 20 BTC, but at the moment, this wallet is empty.

Russian television raises awareness

This week, a Russian television network Tsargrad TV highlighted these donations. Since Navalny’s political movement often binds with uncovering corruption documents on several Russian officials, the TV network questioned the legitimacy of these donations. Navalny is known for exposing corruption within Russian officials which include the Russian prime minister Dimitri Medvedev and Yuri Chaika. He even has an investigative center called the Anti-Corruption Foundation (FBK).

Not long after that, an anonymous Telegram channel “FBK Staffer’s Confession” pointed out that the wallet received several large donations a few days before the FBK published yet another investigation. The Russian media claims that it could be a paid piece. The FBK’s chief of staff denies any connection between the transactions and their investigations.


Photo by Wikimedia Commons