Ukraine DAO is a project that emerged shortly after the Russian invasion of Ukraine, aiming to raise cryptocurrency funds to support Ukrainians. Despite the name, it is not a DAO in the typical sense where token holders have voting rights in the project. The initiative has raised millions in donations, and at least $5 million has gone to the Ukrainian government or legitimate charities. The group's website claims $7 million has been donated in total. However, the has recently been asking questions about the organization. Earlier in April, the newspaper published an article claiming that the group had fabricated its claims that it was supported by Ukrainian governmental bodies. Now, they've published another article claiming that at least $500,000–$700,000 of funds seem to have been misappropriated.Kyiv Post One point of contention has been that the organization claims that 100% of money raised is donated, but in reality the project leader Alona Shevchenko takes a $5,000/month salary. This led to a split betwe...