Poltava City Council Deputy Oleksandr Kalutskyi is suspected of lying in his declaration regarding crypto assets

In Poltava region, a city council deputy was informed of suspicion of declaring false information: according to the SBU and the Prosecutor General's Office, he did not indicate in his declarations for 2022–2024 the presence of crypto assets and transactions with them in the amount of more than UAH 200 million. This is Poltava city council deputy Oleksandr Kalutsky, UNN reports with reference to its own sources, the same information is confirmed by sources of "Ukrainska Pravda".

The investigation claims that Kalutsky and close relatives owned cryptocurrency and conducted financial transactions with it, but this data was not reflected in the declarations. In 2025, the deputy submitted corrected documents and partially declared intangible assets and transactions, but, according to the SBU, even the updated figures did not correspond to reality.

Law enforcement officers conducted searches at the residences of the deputy, his relatives, and close associates. During the investigation, they seized draft records, receipts for currency transactions, bank cards, telephones, and other financial documents, which, according to the investigation, confirm the illegal origin of the assets.

The procedural management is carried out by the Prosecutor General's Office. Kalutsky was charged under Part 2 of Article 366-2 of the Criminal Code of Ukraine - submission of knowingly false information in the declaration of a person authorized to perform local government functions. This article provides for up to 2 years of imprisonment plus a ban on holding certain positions or engaging in certain activities for a period of up to three years. The issue of a preventive measure is currently being resolved.

The investigation also believes that, thanks to access to international crypto exchanges, the deputy and his wife systematically converted cash into virtual assets after the start of the full-scale war. It was these digital assets, according to law enforcement, that he tried to hide from declaration.

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