- The deputy did not declare digital assets worth over 200 million UAH.
- For three years, he submitted false information in his declarations.
- Some transactions were concealed through verified accounts on a cryptocurrency exchange.
Revelation of Large-Scale Concealment of Crypto Assets
In Poltava region, a city council deputy is suspected of submitting false information regarding his digital assets. The investigation has established that from 2022 to 2024, the official did not declare over 200 million hryvnias in the form of cryptocurrency, which belongs to him and his family members.
This is reported by Finway
In 2025, the deputy provided amended declarations; however, even in those, the information about digital assets and related transactions remained incomplete and unreliable.
Money Movement Schemes and Investigation Details
According to law enforcement agencies, the deputy and his wife had verified accounts on an international cryptocurrency exchange. Over several years, financial transactions involving digital assets were conducted through these accounts, but none were reflected in the tax reporting.
The investigation revealed that the official repeatedly transferred large sums of cash to currency exchange points, where these funds were converted into cryptocurrencies. During searches of the suspect’s residences, as well as those of his relatives and close associates, law enforcement officers seized financial documentation, receipts for currency transactions, bank cards, rough notes, and mobile phones. All these materials may indicate the illegal origin of the digital assets.
“As a result of the investigation, the deputy has been charged with declaring false information under Part 2 of Article 366-2 of the Criminal Code of Ukraine. The prescribed punishment is up to two years of imprisonment with an additional prohibition on holding certain positions.”
According to public information, this concerns Poltava City Council deputy Oleksandr Kalutskyi.
It should be noted that in 2022, the highest number of declarations indicating crypto assets in Ukraine were submitted by employees of the National Police and the Prosecutor’s Office.