Venezuelan energy supplier It has shut down its crypto mining operations across the country as part of a restructuring of the national crypto division and an ongoing investigation into corruption involving the country’s oil companies.
followAccording to local media reports, crypto mining companies and the National Association of Cryptocurrencies of Venezuela It has been shut down in the states of Lara, Carabobo and Bolívar over the past several days. It is unclear how many crypto companies were affected. Including some crypto exchanges.receive ordersStop the operation.
¡ATENCION! Information of interest.
Estimados Cryptobuyers, les hacemos llegar el siguiente comunicado.#CryptobuyerVenezuela sigue trabajando en pro del desarrollo del ecosistema cripto en #Venezuela. pic.twitter.com/afLf0jrHyc
— Cryptobuyer Venezuela (@cryptoB_latam) March 23, 2023
It is suspected that The shutdown of the crypto mining facility is part of a corruption probe involving Venezuelan oil company PDVSA and the country’s crypto division.
Venezuelan Attorney General Tarek William Saab revealed on March 25 that government officials were accused of running a parallel oil operation. with the help of the national crypto department
“This network uses trading companies to legitimize the proceeds of the sale. through acquisitions of private crypto assets and real estate.”
According to Saab, at least 10 people have been arrested in the investigation, including Joselit Ramirez Camacho, who has led the crypto division since its inception in 2018 overseeing crypto and petro tax regulations. the country’s currency, andfollowAs previously reported, Camacho was arrested on March 17 pending investigation.
As of June 2020, Camacho has been listed on the United States’ Most Wanted list. by that time A bounty of up to $5 million has been set for any information leading to the arrest. Authorities accused Ramirez Camacho of having “deep political, social and economic ties” to suspected drug lords, including former Venezuelan vice president Tareck El Aissami.
Nicolás Maduro, President of VenezuelaannounceRestructuring of the National Crypto Asset Regulatory Authority in OrderissuedOn March 17, the Maduro administration claimed the decision was intended to protect the country’s citizens from the negative effects of economic sanctions. including other reasons
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