A Maritime Crypto Startup Turns Out To Be A Fundraising Platform For The North Korean Government

It was touted as a blockchain-powered maritime investment project, but it has turned out to be yet another ingenious method of raising funds by the North Korean government. Known as Marine Chain, the startup claimed it would tokenize maritime vessels for their owners, but it has done anything but. According to a report by AI-powered cybersecurity firm Recorded Future, several key figures involved in the startup have extensive connections with the North Koran government. The mentioned key figures have also been involved in assisting the Kim Jong-un-led government to circumvent international sanctions using an array of technological means.
Venezuela Launches “Petros” Cryptocurrency Amid Growing Skepticism

Venezuela Launches “Petros” Cryptocurrency Amid Growing Skepticism

With crushing debt and a starving population, the Maduro government in Venezuela is launching what it says is the world's first sovereign cryptocurrency. The cryptocurrency is designed to bypass U.S. government sanctions against the socialist regime.
Venezuela Launches “Petros” Cryptocurrency Amid Growing Skepticism

Venezuela Launches “Petros” Cryptocurrency Amid Growing Skepticism

With crushing debt and a starving population, the Maduro government in Venezuela is launching what it says is the world's first sovereign cryptocurrency. The cryptocurrency is designed to bypass U.S. government sanctions against the socialist regime.