Trending topics
#
Bonk Eco continues to show strength amid $USELESS rally
#
Pump.fun to raise $1B token sale, traders speculating on airdrop
#
Boop.Fun leading the way with a new launchpad on Solana.
🚨 Maduro's downfall "releases" $60 billion in Bitcoin "shadow reserves"
Based on publicly available information, the Maduro regime in Venezuela has accumulated
more than $60 billion worth of Bitcoin and USDT "shadow reserves"
since 2018:
Established through "gold swaps" and "requiring USDT for oil export settlements" to evade
sanctions. Previously, Venezuela's "petro" experiment failed, and the Maduro
regime turned to using USDT as an alternative to the dollar during crude oil sales.
As it became aware that USDT still has the function of freezing addresses,
Venezuela began converting USDT into Bitcoin.
The approximate holdings of Venezuela can be estimated as follows:
1️⃣ Bitcoin accumulated through gold swaps from 2018 to 2020, with gold proceeds converted to Bitcoin at an average price of $5,000, currently valued at about $45 billion to $50 billion;
2️⃣ Bitcoin obtained from oil exports from 2023 to 2025, currently valued at about $10 billion to $15 billion;
3️⃣ Bitcoin seized through mining confiscations from 2023 to 2024, about $500 million.
Even if Maduro is currently arrested, it does not mean that the U.S.
has completely controlled these Bitcoins.
Significant hearings surrounding Maduro will unfold next, potentially reshaping the global Bitcoin market landscape.
Top
Ranking
Favorites
