My Socialist Hell: How Venezuela Tried — and Failed — to Run a Crypto Scam
The Maduro regime unceremoniously killed its scam cryptocurrency, the “Petro,” in January.
The Maduro regime unceremoniously killed its scam cryptocurrency, the “Petro,” in January.
Venezuelan dictator Nicolás Maduro has called for his country to become a leading “crypto-nation” with the use of his scam “Petro” cryptocurrency, declaring that it will help promote “growth and prosperity” in the crisis-stricken socialist state.
A Russian bank reportedly agreed to help the ruling Maduro dictatorship in Venezuela avoid sanctions imposed by the United States on their national cryptocurrency, a report revealed Tuesday.
One of the leading figures in Nicolás Maduro’s socialist regime in Venezuela has claimed that the U.S. dollar “does not exist” and has no real financial worth.
President Donald Trump has banned U.S. citizens from investing in Venezuela’s recently launched state cryptocurrency.
A new national cryptocurrency launched by Nicolás Maduro’s socialist regime in Venezuela has failed to provide evidence of having raised any money at all.
Venezuela’s socialist regime will soon launch its own cryptocurrency in a bid to raise hard currency amid an economic and humanitarian crisis that has brought the government to the brink of collapse.
Venezuela’s democratically elected National Assembly has outlawed the use of a national cryptocurrency known as the “petro” on Tuesday, describing it as an illegal attempt to mortgage the country’s oil reserves.