Cryptocurrencies

    Exxonmobil accused of financing opposition in Venezuela's Essequibo ballot using crypto

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    Venezuelan Attorney General Tarek William Saab alleges Exxonmobil financed opposition to the Essequibo region's referendum using cryptocurrency, leading to the issuance of 14 arrest warrants.

    The Venezuelan government claims to have uncovered a conspiracy involving Exxonmobil, where the company used intermediaries to influence the ballot on Venezuela's stance on the Essequibo claim.

    Investigations revealed money laundering and financial movements from international organisations and companies like Exxonmobil, with funds being transferred via cash and cryptocurrency, notably USDT.

    High-profile Venezuelan opposition figures, including former interim President Juan Guaido, are among those with issued arrest warrants in connection to this case.

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