The U.S. government may seize billions of dollars worth of Bitcoin from Venezuela.
According to analysts from CNBC, Venezuela currently holds over 600,000 seized Bitcoins, worth billions of dollars.
There have been multiple reports previously stating that the Venezuelan government attempted to sell oil in the form of the stablecoin USDT and then exchange the funds for Bitcoin in order to evade sanctions.
According to analysts from CNBC, Venezuela currently holds over 600,000 seized Bitcoins, worth billions of dollars.
There have been multiple reports previously stating that the Venezuelan government attempted to sell oil in the form of the stablecoin USDT and then exchange the funds for Bitcoin in order to evade sanctions.