Maduro 'Blitzed' by the US: Where Will Venezuela's 'Legendary $60 Billion Bitcoin' Flow?
Venezuela's political landscape underwent a dramatic shift as President Maduro was reportedly captured by the United States in a military operation. Global attention has turned to the fate of an estimated $60 billion in cryptocurrency assets, primarily Bitcoin and USDT, allegedly accumulated by Venezuela to evade long-term international sanctions. This shadow financial system, built through gold exchanges and oil trade conversions, is now at the center of a geopolitical and intelligence battle.
Key figures like Alex Saab, described as the architect of this crypto network, and intermediaries involved in moving gold through Turkey and the UAE are under scrutiny. The assets are believed to be secured in cold wallets, possibly protected by multi-signature mechanisms. Meanwhile, the U.S. aims to manage Venezuela’s transition, with plans for major oil firms to invest in rebuilding infrastructure. While the immediate market impact on oil and gold may be limited, the country’s vast resources and crypto holdings remain a focal point in the unfolding power shift.
华尔街日报01/04 02:04
