Venezuelan President Maduro is Indicted for Abusing Cryptocurrencies

2020-3-29 05:00

There appears to be a lot more to Venezuela’s cryptocurrency plans than immediately met the eye. While the Petro isn’t doing too great, it now appears that cryptocurrencies have been abused by President Nicolas Maduro. 

Most people in Venezuela have no love lost for their own president.

Maduro Faces Even more Scrutiny

Several reasons can be identified in this regard, 

One of the more recent developments involves drug-running and a possible cocaine trafficking cartel.

This drug trafficking operation allegedly involves President Maduro and over  a dozen other Venezuelan officials. 

They may have used cryptocurrencies to mask transactions related to this operation.

While all of the charges are there for everyone to see, it remains to be seen how the situation evolves.

One thing is certain: none of this news will bode well for the future of the Petro cryptocurrency.

That project has been met with ample criticism and doesn’t seem to be gaining any domestic or international traction whatsoever.

Venezuela is a country where financial trouble has been the new normal for several decades.

As time progresses, more potential information regarding misdoings comes to the surface.

This new “case” is certainly worth keeping an eye on, although it may not matter too much in the end.

Maduro will remain in charge of the country for some time to come. 

Image(s): Shutterstock.com

The post Venezuelan President Maduro is Indicted for Abusing Cryptocurrencies appeared first on NullTX.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

President Trump (PRES) на Currencies.ru

$ 0.0091201 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 10.05 %
Cегодня L: $0.0091201 - H: $0.0091201
Капитализация $0 Rank 99999
Доступно / Всего 0 PRES

appears cryptocurrencies maduro president too doing petro

Источник: nulltx.com

appears cryptocurrencies → Результатов: 126


Фото:

Venezuela is buying Bitcoin with airport taxes to smuggle in US dollars, report

Venezuela appears to be leveraging cryptocurrencies as part of a larger effort to bypass US sanctions. According to an investigation by Spanish newspaper ABC, President Nicolas Maduro and his administration are using a digital wallet app called Jetman Pay to convert tax revenue from one of the country’s main airports into Bitcoin and other cryptocurrencies.

2019-7-26 14:02


Фото:

Hackers hid malware in a fake trading app to steal your cryptocurrency

Security researchers have uncovered a knock-off cryptocurrency trading website designed to steal the funds of unwitting victims. Cybercriminals have created a website that imitates the Cryptohopper cryptocurrency trading platform to distribute malware that could steal personal information, hijack your clipboard, and crypto-jack your system, Bleeping Computer reports.

2019-6-6 16:16


Samsung Preps Crypto Integration in Samsung Pay Wallet to Millions Globally

By CCN: According to Business Korea, a mainstream media outlet in South Korea, Samsung Electronics is preparing the integration of crypto assets into Samsung Pay. Samsung Pay reportedly accounts for around 80 percent of the market share of the simple payment market and the integration of crypto assets is expected to increase the mainstream adoption of the asset class.

2019-5-25 16:09


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Venezuelan oppositioner highlights crypto’s role amid crisis

A Venezuelan oppositioner Leopoldo Lopez praised crypto as a tool to overcome censorship but also addressed its dependency on corrupted banks. As Venezuela struggles with a humanitarian crisis, crypto has become a vital tool for many Venezuelans seeking to preserve…

Venezuela To Restructure Its Crypto Department

Nicolas Maduro, Venezuela’s president, has decided to restructure and reorient the National Superintendency of Crypto Assets. The decree was issued in March of this year. The reorganization of the crypto asset department will be headed by the new board, led by Anabel Pereira Fernandez, a lawyer who has served as president of the Fondo de […]