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Venezuela Oil-for-Crypto Scheme: $230M Lost in Failed Polish Deal
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Venezuela Oil-for-Crypto Scheme: $230M Lost in Failed Polish Deal

A covert operation by Poland's state energy company, Orlen, to purchase Venezuelan oil using cryptocurrency has reportedly failed, resulting in a loss of $230 million. The deal, involving Tether (USDT) and USB drives, unravels a complex tale of sanctions evasion and alleged mismanagement.

3 min read