Two days ago, the U.S. Justice Department announced it had seized Venezuelan President Nicolas Maduro’s Falcon 900EX plane, citing a possible breach of U.S. export control and sanctions laws. Washington claims the plane was illegally purchased for $13 million and allegedly acquired through a Caribbean-based shell company. The seizure of the plane is an ironic twist in Maduro’s crypto schemes to circumvent Western sanctions, having previously declared it legal to purchase jet fuel using Venezuela’s controversial oil-backed cryptocurrency,…
U.S. Captures Maduro’s Plane As Oil-Backed Crypto Scam Crumbles
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