The owner of the NASCAR Hall of Fame team, Richard Childress, made a vow to deliver one million rounds of ammunition to Ukraine.
This is meant to aid in the nation’s defense against the invading Russian troops, he explained during an interview on Fox News on Wednesday.
According to Childress, who was interviewed on Fox & Friends, he was inspired to protect his nation through President Zelenskyy’s enthusiasm.
The NASCAR great said he spoke with Fred Wagenhals, the president at AMMO about how they may be able to pull it off.
In an interview with co-host Brian Kilmeade, Childress said Wagenhals immediately volunteered to begin manufacturing ammunition for Ukrainian forces.
There's many great Nascar team owners but there is only one RC 🐐 pic.twitter.com/TQBRuHIDKe
— Tim Dugger (@Tim_Dugger) March 2, 2022
“It’s sad to watch people fighting in Ukraine. It’s even worse to see lives lost there,” Childress added.
“In my opinion, both myself and AMMO seem to be doing the proper thing by ensuring the ammo is delivered as quickly as possible to those that need it.”
Update on Russia-Ukraine War
Russia’s offensive on Ukrainian towns entered its first week, with one Russian official claiming soldiers seized possession of the coastal region of Kherson.
This is a claim the Ukrainian military categorically disputed.
Per the Ukrainian emergency government and public officials, Russia’s assault on Kharkiv, which has a population of nearly 1.5 million people, has proceeded with an attack on the regional police and intelligence headquarters.
This comes along with a university building across the street from the headquarters. Explosions also occurred in a major plaza close to several government facilities, including the municipal council’s headquarters.
Cryptocurrency Has Been Used to Fund the War
Despite the fact the conflict with Russia has entered its second week, donations in cryptocurrencies such as Bitcoin and Ethereum continue to flood into Ukraine.
Ukraine’s government, along with Come Back Alive, a non-governmental organization that provides support to the military, has received more than 102,000 cryptoasset donations.
This has totaled $54.7 million since Moscow invaded the country on February 24.
Pretty incredible that as of right now, crypto and the UN have pledged roughly the same amount of money towards Ukraine pic.twitter.com/8SXZGvjoDE
— Kyla Scanlon (@kylascan) March 1, 2022
For the first time, Twitter accounts affiliated with the Ukrainian government started soliciting contributions in the form of crypto assets.
The action followed a crackdown by the country’s central bank on digital money transfers in conjunction with the imposition of martial law throughout the country earlier this month.
Due to the fact they enable users to avoid banking institutions that could otherwise prohibit transfers to Ukraine, cryptocurrencies such as bitcoin have grown in popularity.
Many people are concerned about cryptocurrency giving Russian banks a chance to negate sanctions by using cryptocurrency, but it appears Russian banks are now just doing business with China instead.
Just days after Visa banned Russians from using their service, the Russian government decided to use China-owned Union Pay instead; so it appears sanctions against Russia are benefitting China the most.