Speculation Grows Over Venezuela’s Hidden Bitcoin Reserves Post-Maduro Capture
- The US capture of Nicolás Maduro has reignited speculation about Venezuela’s alleged hidden Bitcoin reserves, reportedly worth between $60 to $67 billion.
- This secret stockpile is claimed to have been amassed through sanctions-evasion tactics involving oil revenue, gold reserves, and state wealth.
- Alex Saab, a key Maduro ally, is believed to have managed the crypto finance network and possibly retains access to the private keys of these assets.
- Venezuela has been involved in mining Bitcoin and Ethereum since 2017 as its national currency collapsed.
The capture of Nicolás Maduro by the US has intensified discussions regarding Venezuela’s potential $60 billion Bitcoin reserve. Allegedly accumulated through evasion tactics and managed by Alex Saab, this stash highlights ongoing geopolitical tensions. Speculation includes Venezuela’s involvement in Bitcoin and Ethereum mining since 2017.
Source (3.2)https://cryptobriefing.com/us-seize-venezuela-bitcoin-reserves/?rand=59535
