#CryptoRegulation #CryptoRegulation in the case of Venezuela did not serve to monitor the activities of the authorities selected to protect the public or investors. It only served for regulators to carry out fraudulent operations with little transparency and defrauding even the public treasury with other subordinate activities. The scandal dealt a severe blow to mining activities and the entire crypto sector of the country, and the supervision activity was taken over by the Superintendency of Banks, a decision that has not been changed to this day, keeping the sector in inertia.