
No evidence crypto company FTX laundered Ukraine aid money to Democrats
No, there isn't any evidence that FTX laundered U.S. aid money sent to Ukraine back to Democratic lawmakers.
No, there isn't any evidence that FTX laundered U.S. aid money sent to Ukraine back to Democratic lawmakers.
The claim that funds were effectively "laundered" from Ukraine via FTX back into the U.S., less so to the Democratic party coffers or Biden himself, is unevidenced.
Newsweek has investigated the coverage of this claim across social media and larger media outlets and could find no transaction ID, statements, or any other tangible evidence to support the idea that U.S. funding or crypto donations were washed back to the Democratic Party, through a Ukrainian investment in FTX or otherwise.
The claim does not acknowledge the auditing and scrutiny that U.S. foreign aid receives to ensure that it is spent appropriately on measures relating to Ukrainian assistance.
Some users on social media are sharing images that allegedly show debris of the S-300 air defence missile that killed two people in Poland this Tuesday. But one of the images being shared is actually from projectile remains found in Dagestan in October 2020. We tell you which images to look out for in this edition of Truth or Fake.
An article shared thousands of times on social media claims FTX, a now-bankrupt cryptocurrency exchange, funneled US aid meant for Ukraine to Democratic candidates running in the midterm elections instead. This is unproven; public records show no evidence supporting the allegation, which Kyiv, the Pentagon, FTX partners and experts have said is inaccurate.
A video viewed tens of thousands of times on social media has been falsely shared as showing Ukrainian troops attacking Russian tanks with US-made Javelin anti-tank missiles. While the missiles are among armaments sent by the United States and Western countries to Ukraine after Russia's invasion in February 2022, the clip in fact shows footage from the video game ARMA 3.
FTX, a leading cryptocurrency exchange, announced on Nov. 11 it had filed for bankruptcy. Sam Bankman-Fried resigned as the company's CEO. He is a large donor to Democrats, but has also given to Republicans.
FTX partnered with a fundraising site called Aid for Ukraine, where people can donate cryptocurrency to help the country's war effort. FTX's role in the project was to facilitate the conversion of cryptocurrency into regular currency.
There's no evidence that U.S. aid money sent to Ukraine was then used to invest in FTX. Most U.S. aid doesn't go directly to the Ukrainian government, but rather through third parties like contractors or humanitarian groups.
Our ruling
An Instagram post claimed that U.S. aid money sent to Ukraine is being funneled back in the form of campaign contributions to Democrats through the now-bankrupt cryptocurrency exchange FTX.
FTX's former CEO was a large donor to Democrats, but has also given to Republicans. The company's connection to Ukraine was partnering with a fundraising site called Aid to Ukraine that allows people to donate cryptocurrency for the country's war effort. That money was then transferred to the Ukrainian government, not the other way around.
There is no evidence to support the claim. We rate this False.
Update, Nov. 16, 2022: This story was updated to include statements from the U.S. State Department, the United States Agency for International Development and Ukraine's Ministry of Digital Transformation that were received after publication. It also clarifies the job title for Alex Bornyakov. The rating is unchanged.
Verdict: False
Visual evidence shows the Russian military left equipment behind in the area. Experts and open-source intelligence (OSINT) accounts that track the conflict said the claim was false.
Claim: Ukrainian refugees are given priority.
DW fact check: True
Images circulating on social media from a Ukrainian film production do not prove that Ukraine is staging the war, but neither do they prove "Russian illiteracy". We tell you more in this edition of Truth or Fake.
Is Ukrainian President Volodymyr Zelensky the author of a new book entitled "Mein Kampf", or "My Struggle", using the same graphic design as Adolf Hitler's manifesto? This is what many people online have been claiming to be the case since October 19, 2022. But the photos they use as proof are actually just photoshopped using old images. While the Ukrainian president is indeed preparing to release a book, it has a totally different title and cover design.