The Russian Prosecutor General's Office has designated Ukrainian cryptocurrency exchange WhiteBit as an "undesirable organization," accusing it of facilitating illegal fund transfers from Russia and supporting the Ukrainian Armed Forces. WhiteBit's parent company, W Group, along with all its affiliates and subsidiaries, have also been blacklisted. Since 2022, WhiteBit's management allegedly transferred approximately $11 million to the Ukrainian military, with $900,000 reportedly used for drone purchases. The platform is also accused of collaborating with Ukraine's Ministry of Foreign Affairs to support the United24 crypto donation platform.