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A joint investigation by Reuters, Global Ledger, and Recoveris has revealed that Russia’s intelligence agencies, the FSB and GRU, have been using Bitcoin to fund covert operations. According to Recoveris, crypto payments were used to recruit teenagers and inexperienced operatives in Poland for tasks like surveillance, vandalism, and arson. The investigation also found that Bitcoin was used to finance mercenaries in the Donbas region and to allegedly bribe European politicians.