$BTC The US wants to confiscate Venezuela's crypto reserves after Maduro's arrest. It involves a huge hidden storage containing up to 600,000 bitcoins ($60 billion), obtained from the sale of oil, gold, and USDT circumventing sanctions, reports CNBC. In case of asset freeze, approximately 3% of the circulating supply will be taken out of circulation for several years. As a result, the price of Bitcoin could skyrocket.
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$BTC The US wants to confiscate Venezuela's crypto reserves after Maduro's arrest. It involves a huge hidden storage containing up to 600,000 bitcoins ($60 billion), obtained from the sale of oil, gold, and USDT circumventing sanctions, reports CNBC. In case of asset freeze, approximately 3% of the circulating supply will be taken out of circulation for several years. As a result, the price of Bitcoin could skyrocket.