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Venezuela’s Secret Bitcoin Fortress: Leaked Intelligence Reveals Potential $67 Billion ‘Shadow Reserve’ Following Maduro’s Arrest
In the chaotic vacuum following the U.S. capture of Nicolás Maduro earlier this week, a new and potentially explosive narrative is emerging from the debris of the regime: the existence of a secret sovereign Bitcoin hoard that dwarfs the holdings of almost every other nation on Earth. Fresh intelligence circulating through diplomatic and financial channels on January 5 suggests that the Venezuelan state may control between 600,000 and 660,000 Bitcoin (BTC). At current market rates, this cache would be valued between $60 billion and $67 billion, a sum that could fundamentally alter the country’s post-transition ... (full story)
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Bitcoin and cryptocurrency prices traded higher early Monday, continuing their weekend climb following the U.S. capture and extraction of Venezuela President Nicolas Maduro. President Trump on Saturday announced the U.S. is "going to run" Venezuela until there is an opportunity for a "safe, proper and judicious transition," after detaining Maduro on drug ...
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