Woofun AI reports that Ukraine’s Prosecutor General’s Office has transferred over $8.3 million in USDT to a wallet controlled by the asset recovery agency ARMA. This transfer, executed under a court order, represents the first instance of seized cryptocurrency being placed under national management in the country. The funds originated from a wallet linked to a member of an international hacker group accused of extorting victims across Europe and the United States, with proceeds laundered through Ukrainian real estate and vehicles. While four suspects are detained and losses exceed $100 million, the assets remain in custody pending final confiscation rulings.

Concurrently, authorities are evaluating the creation of a strategic cryptocurrency reserve funded by such seized assets rather than open-market purchases.