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Leonid Volkov was born on 10 November 1980 in Sverdlovsk (present-day Yekaterinburg) in the Sverdlovsk Oblast of the Soviet Union. His father is Mikhail Vladimirovich Volkov, professor, Chief Researcher of the Laboratory of Combinatorial Algebra, Institute of Natural Sciences and Mathematics, Ural Federal University.[9] His mother is Susanna Borisovna Volkova (Kupchik), Senior Lecturer of the Department of New Information Technologies in Education, Ural State Pedagogical University.[10] Volkov is Jewish;[11] on official documents, however, his ethnicity is shown as Russian.[12]
On March 1, 2009, he was elected as a deputy of the Yekaterinburg City Duma in the electoral district No. 10 of the Kirovsky district (self-nomination). He became a member of the permanent parliamentary commission on urban economy, urban planning and land use and of the permanent deputy commission on local government, cultural and information policy.[13]
In 2013 he moved with his family from Yekaterinburg to Luxembourg.[14] He returned to Russia at the end of 2014.[15]
Since 2020 Volkov has been living and working in Vilnius the capital of Lithuania.[16]
Since 2009 — a member of the Solidarnost movement. On April 10, 2010, he organized a rally against the construction of a temple on Labour Square [ru]inYekaterinburg — the event gathered more than 3,500 participants and became the largest protest action in the city since perestroika. On October 24, 2010, he was one of the organizers of the rally in support of Yegor Bychkov [ru].[17]
On 9 March 2023, Volkov stepped down as the chairman of the board of the Anti-Corruption Foundation after he had admitted to signing a letter on behalf of the Anti-Corruption Foundation in October which asked the European Union for sanctions on Mikhail Fridman to be dropped without consulting his associates.[21] He was replaced with Maria Pevchikh.[22]
On 12 March 2024, Meduza reported that Volkov was attacked by a person with a hammer outside his house in Vilnius, Lithuania.[23] According to Navalny press secretary Kira Yarmysh, tear gas was sprayed in Volkov's eyes and he was beaten repeatedly with a hammer. The politician and lawyer Ivan Zhdanov told the media that Volkov survived the attack, which is being investigated as political terror.[24] In his first interview following the attack, Volkov stated that he would "never give up" his struggle against Putin.[25]