You have to be insane to place your cryptoassets that provide limitless financial freedom in the hands of a socialist narcotyranny that persecutes, imprisons, and kills you.
Francox44
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$BTC
Sunacrip continues to operate despite corruption scandal in Pdvsa-Crypto
The corruption case known as Pdvsa-Crypto, which involved the diversion of funds from the sale of oil through cryptocurrencies, left a shortfall exceeding 20 billion dollars, some of which were converted into bitcoins. This scandal, from Venezuela, led the Executive to appoint a restructuring board to oversee the National Superintendence of Cryptoassets (Sunacrip), the entity in charge of regulating the cryptocurrency sector.
Despite the impact of the case and the prolonged silence of Sunacrip, it never stopped functioning. This was affirmed by Ruíz, under the direction of Anabel Pereira Fernández, leader of the restructuring board of Sunacrip and current Minister of Finance of Venezuela.
"Crixto is regulated by Sunacrip"
Currently, the superintendence is under a restructuring board, and it is to them that we report our operations,” explained Ruíz. He also revealed that there is a second company that also has the endorsement of the restructuring board, suggesting an effort to regulate and reactivate the sector.
Despite these advances, the Pdvsa-Crypto scandal remains a shadow over the cryptocurrency industry in Venezuela.
The shortfall, which directly affected the oil business, one of the economic pillars of the country, has generated distrust and highlighted the need for greater transparency and control in the use of cryptoassets.
Nevertheless, there are signs of a possible resurgence of the crypto ecosystem in Venezuela.
The formal relationship between banks and companies in the sector, which benefits more than 15,000 active users, along with recent actions by the authorities, point towards a revitalization of the industry. However, regulatory uncertainty and the aftermath of the Pdvsa-Crypto case remain significant obstacles that must be addressed for the sector to fully recover. #venezuela #MemesNotSecurity
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