Trump Secures Venezuelan Oil—Bitcoin Next Target?

President Trump announced the transfer of 30-50 million barrels of Venezuelan oil to the United States following US forces' actions involving Nicolás Maduro. This move has led to speculation about the potential seizure of Venezuelan Bitcoin holdings, which some reports estimate to be as high as $60 billion, though these estimates are unverified. Unlike oil, Bitcoin cannot be physically seized and would require access to private keys or cooperation from US-based custodians. The possibility of seizing Venezuelan Bitcoin could also address Trump’s plans to create a strategic Bitcoin reserve without taxpayer expense. While Venezuela’s oil is en route to the US, its Bitcoin remains inaccessible, secured behind unknown keys.

(Source：BeInCrypto)