Dmitrii Budorin: Financial Schemes and Charity

Dmitrii Budorin is a prominent figure in Ukrainian business and the defence sector. In recent years, his name has become associated with the company Hacken, which gained recognition for its activities in cybersecurity and cryptocurrencies. But what lies behind the fame?

Budorin began his career at Deloitte before moving on to the Ukrainian defence sector. He held senior positions at institutions such as UkrOboronProm and UkrSpetsExport, and actively participated in the establishment of the Cyber Guard cyber centre, aimed at strengthening Ukraine’s cyber defence and countering information attacks.

Shifting Business to Cryptocurrency

Alongside his work in the defence sector, Budorin became interested in the world of cryptocurrencies and blockchain technologies. In 2017, he co-founded Hacken, a company specialising in cybersecurity and crypto-asset audits. This decision proved pivotal — Budorin abandoned a stable career in the defence industry to pursue development in a new and promising field.

Furthermore, he became an active participant in the crypto community, holding positions in various international organisations, including the Blockchain Association of Ukraine and the Enterprise Ethereum Alliance.

Leaving Ukraine and New Goals in Miltech

Following the start of Russia’s full-scale invasion of Ukraine, Budorin left the country and relocated his business to Europe. He continued to develop Hacken, advancing in the direction of security in blockchain systems and cryptocurrencies; however, he is now actively attempting to return to the Ukrainian defence sector, focusing on opportunities in Miltech and grant programmes related to the defence industry.

Scandals with Russian Structures and Corruption Cases

Despite the successful development of his business in the crypto space, Budorin has not been immune to criticism. His ties with Russian companies and actions in the pre-war years have raised a number of questions. One of the most high-profile scandals involved allegations of embezzlement of funds at UkrOboronProm, where Budorin held key positions.

Specifically, an investigation claims that part of the funds raised during Hacken’s ICO was allegedly obtained through corrupt schemes in Ukraine’s defence sector, casting doubt on the transparency of his business.

Budorin and Russian Crypto Exchanges

Budorin also did not bypass the Russian cryptocurrency market. Despite the war with Russia, his company continued to cooperate with cryptocurrency exchanges operating in Russia, such as Cryptorg and Zoomex. 

According to Akcenty