He was charged with "unlawful use of confidential government information for personal gain, theft of non-public government information, commodities fraud, wire fraud, and making an unlawful monetary transaction.". Supposedly, unlawful use of government confidential information could also be applied to legislative and other people in the government
I'd say that the advantage for Venezuelans has more to do on having a cheap and fast way of transferring money than the cryptocurrency itself. IIRC an article that I read pointed that crypto holdings in there where very short lived, meaning people didn't keep the coins as a way of savings
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