Venezuela’s new cryptocurrency doesn’t seem to exist

[Bloc10Fintech]

Thoughts?

"Venezuelan president Nicolás Maduro claims that sales of the petro, the supposedly oil-reserve-backed national cryptocurrency he launched in February, have already raised $3.3 billion, and that the coin is being used to pay for imports. But an investigation by Reuters has found no evidence to back those claims—or that the petro is even a functional cryptocurrency."

https://www.technologyreview.com/the-download/611975/venezuelas-new-cryptocurrency-doesnt-seem-to-exist/ [nofollow]