Venezuelan cryptocurrency authority


The head of the Venezuelan cryptocurrency authority Sunacrip, Joselit Ramirez, has been arrested on March 18 for his alleged involvement in corruption schemes, according to local media reports. Ramirez, who has been leading the institution since its inception in 2018, has been accused of embezzling $3 billion related to unregistered oil sales. Ramirez’s arrest has dealt a major blow to the Venezuelan government, which has been pushing for the use of cryptocurrencies as a way…