How Crypto Got So Caught Up in the Russia-Ukraine Conflict

Crypto quickly became embroiled in the Russia/Ukraine conflict that broke out last week, a sign of how embroiled it has become in the wider global economy and geopolitics — and how its libertarian leanings inform its actions now.

After the official Ukraine Twitter account posted addresses for donations, the crypto community, via 24,000 addresses, sent over $22 million in donations to Ukraine, according to blockchain analytics provider Elliptic. FTX cofounder and CEO Sam Bankman-Fried donated a quarter million dollars in Tether…