# Alex Saab Related Articles

600,000 Bitcoin Allegedly Held In Venezuelan Shadow Reserve: Report

A report from Whale Hunting alleges that Venezuela, under President Nicolás Maduro, secretly accumulated a massive Bitcoin reserve of approximately 600,000 to 660,000 BTC, valued at around $60 billion. The claim emerged alongside the news of Maduro's capture by US forces. The investigation suggests that Alex Saab, a key financial operator for the regime, may control these funds, which were allegedly acquired by converting proceeds from gold exports through intermediaries in Turkey and the UAE. The report cites human intelligence sources but notes the allegation has not been confirmed through blockchain analysis. If true, this would place Venezuela among the world's largest Bitcoin holders. The timing has sparked discussions about geopolitical implications and the potential size of US government Bitcoin reserves if the funds were seized.

bitcoinist01/05 12:10