How Pro-Russian Groups Are Fundraising on Telegram to Evade Sanctions

This report maps a network of pro‑Russian Telegram channels, 26 BTC and 14 ETH wallets, two promoted no‑KYC exchanges, and a pro‑Russian hacking collective, showing coordinated promotion of donation addresses and on‑chain flows that fund paramilitary groups and cyber operations; analyses highlight frequent use of centralized exchange hot wallets and intermediary addresses to move and obscure funds, identify high‑activity wallets (e.g., bc1qm34, 0x47393, 0x184BD), and note operational ties between crowdfunding, propaganda channels, and cyber actors like Killnet.