Theory: Venezuelan officials failed to profit enough from the Petro ICO (released stats are likely fraudulent). Now, they are trying to attract as much crypto into the country as possible in order to ride the crypto trend.
Also, their corrupt leaders may have purchased various cryptos in advance of ADDITIONAL, FUTURE announcements for and against select cryptos. Classic front running and abuse of political power.
https://www.google.com/amp/amp.timeinc.net/fortune/2018/02/23/maduro-banks-mine-petro-venezuela
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Theory: Venezuelan officials failed to profit enough from the Petro ICO (released stats are likely fraudulent). Now, they are trying to attract as much crypto into the country as possible in order to ride the crypto trend.
![Theory: Venezuelan officials failed to profit enough from the Petro ICO (released stats are likely fraudulent). Now, they are trying to attract as much crypto into the country as possible in order to ride the crypto trend.]()
Reviewed by paksvideo
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February 24, 2018
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