According to a now-vanished Chainalysis report, this shadowy figure hit nearly 1,000 Bitcoin addresses between February 12 and March 14, 2022—right before and during Russia’s invasion of Ukraine—claiming they belonged to outfits like Russia’s GRU, SVR, and FSB.
At first, it was all about destruction—sabotaging what they claimed were dirty coins. But when Russia rolled into Ukraine, the game changed. The user allegedly started redirecting funds to pro-Ukrainian groups, turning stolen digital gold into wartime aid.
But here’s the kicker: the firm isn’t convinced this was a straight-up hack. They’re floating the idea of an inside job—someone with ties to Russia’s intelligence crew, maybe a disgruntled ex-agent or a mole, pulling the strings. If true, it’d mean they got their hands on private keys, which raises big questions about how tight Russia’s crypto ops really are. Either way, it’s a blow—those wallets, if tied to Russian spooks, are now radioactive for future use.