USD 5m Bounty Offered for Venezuela Crypto Boss

America’s Most Wanted: USD 5m Bounty Offered for Venezuela Crypto Boss 101 Source: ICE.

America has actually slapped a USD 5 million bounty on the head of Joselit Ramírez Camacho, Venezuela’s head of cryptocurrency– implicating him of “having deep political, social and economic ties to multiple alleged narcotics kingpins.”

In an official release, the American Migration and Customs Enforcement’ s (ICE) Homeland Security Investigations New york city system stated that Ramirez had actually been “added to the agency’s Most Wanted List and as a target of the Department of State’s Transnational Organized Crime Rewards Program.”

Ramirez is the head of the Superintendencia Nacional de Criptomonedas (Sunacrip), the government body that monitors cryptocurrency-related policy.

ICE added that “up to USD 5 million is being offered for information leading to the arrest or conviction” of Ramirez.

The report also called Tareck EI Aissami– Venezuela’s financial chief and another chief provocateur of the country’s “cryptonomics” crypto-powered business model– as one of the previously mentioned “narcotics kingpins.”

ICE added El Aissami, who just recently announced that Venezuelans can now pay in crypto at filling station, to its The Majority Of Wanted List last year.

Per news firm EFE, American Secretary of State Mike Pompeo has actually specified that Ramirez has actually assisted the Venezuelan government to engage in “money laundering to conceal the profits of its unlawful activities.”

Both Ramírez and EI Aissami have actually contributed in releasing the petro (PTR)– a state-issued, oil-backed token that the government has actually been trying to promote both locally and with its small group of trading partners– with really restricted effect.

The duo are also thought to have actually contributed in releasing the Patria platform, which allows Venezuelans to get significant cryptocurrency payments from overseas.

Ramirez is also thought to be partially responsible for assisting Caracas build up a big pot of bitcoin (BTC) and ethereum (ETH) holdings– most likely accumulated through dollar- totally free trade offers.

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