Description Crypto money laundering. I’m hearing in the trillions. Earlier this year, Bankman-Fried launched an initiative alongside Ukraine’s Ministry of Digital Transformation to fundraise for the embattled nation, which has received billions in humanitarian and military aid from the Biden administration, marking “the first instance of a cryptocurrency exchange providing a conduit for crypto donations to a public financial institution,” according to a press release from a Ukrainian-based crypto firm. FTX converted the donations into fiat currencies and transmitted the funds to the National Bank of Ukraine.