The United States Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations office based in New York city announced on June 1 that it had included Venezuela crypto head to its most persons list.
According to the ICE, the superintendent to Venezuela’s cryptocurrency, Joselit de la Trinidad Ramirez Camacho is cited to have “having deep political, social, and economic ties to multiple alleged narcotics kingpins,” which includes Tareck EI Aissami. The Venezuela crypto head is being charged for allegedly infringing the International Emergency Economic Powers Act, the Kingpin Act, on top of several other policies.
$5 million bounty placed on Venezuela crypto head
Moreover, the United States authorities have placed a hefty $ million bounty on any information that may lead to the arrest of the Venezuela crypto head. Camocho is the current premier of Venezuela’s cryptocurrency, heading the country’s oil backed Petro digital currency.
Particularly, Venezuela developed its own digital currency backed by the country’s oil reserves back in 2018 to combat the high inflation rate amid international sanctions by the United States. Indeed, the South American nation’s government even went to the extent of forcing its citizens to use the oil-backed cryptocurrency.
US Department of Justice accuses Venezuela President of Narco-terrorism
If arrested, the Venezuela cryptocurrency superintendent will be sent to the United States and charged in the Southern District of New York. Back in May, New York district attorney Geoffrey Berman, accused Ramirez Camacho of participating in a corrupt class of top Venezuelan officials which includes the country’s president Nicolas Maduro.
According to the attorney, the group is operating a; “narco-terrorism partnership” intent on flooding “the United States with cocaine in order to undermine the health and wellbeing of our nation. Additionally, Berman claimed that Maduro and 14 other high-profile government officials such as Padrino Lopez, Diosdado Cabello, Tareck El Aissami; among others run the narco-terrorism operations; and a series of rewards have been announced for information leading to their capture.