Poland’s state-controlled refiner Orlen reportedly paid hundreds of millions upfront through Dubai-based intermediaries for Venezuelan crude that never arrived.
More than $132M in $USDT was reportedly transferred via physical USB drives.
A separate $135M conversion allegedly resulted in just $85M, while around $72M in shipping costs were incurred.
The deals came during a temporary easing of U.S. sanctions on Venezuelan oil.
Meanwhile, USDT continues to dominate stablecoin transaction volume, as the chart shows.
$BTC $NVDAB
More than $132M in $USDT was reportedly transferred via physical USB drives.
A separate $135M conversion allegedly resulted in just $85M, while around $72M in shipping costs were incurred.
The deals came during a temporary easing of U.S. sanctions on Venezuelan oil.
Meanwhile, USDT continues to dominate stablecoin transaction volume, as the chart shows.
$BTC $NVDAB
