Speculation grows over Venezuela's secret $60B Bitcoin stash

Amid the U.S. arrest of Venezuelan President Nicolás Maduro, speculation is spreading that the country has been accumulating large amounts of Bitcoin (BTC) and Tether (USDT) in a secret vault to evade international sanctions, Blockmedia reported. Some have suggested Venezuela could hold up to $60 billion in BTC, though its officially confirmed on-chain holdings amount to only around 240 BTC. The U.S. plans to launch an investigation into Venezuela's overseas assets and informal financial networks.