Poland cheated out of $230 million in crypto oil deal
Poland loses $230 million in an oil deal with Venezuela. The cryptocurrency payment and access keys handed over on USB drives spark controversy.
English · Original discussion in Spanish · Published
A Polish company has allegedly been scammed out of **$230 million** in an oil deal with **Venezuela**, after a payment made in cryptocurrency and the delivery of the access keys on USB drives.
## A deal on the high seas
The story sounds like a movie, but it seems it really peine. A Polish energy company struck a deal on a yacht in **Abu Dhabi** to secure **6 million barrels of oil**. The agreed price was **$345 million**. The crux of the matter, and where things apparently went wrong, was the method of payment.
Due to existing sanctions, the money was channelled through cryptocurrencies. Things got even stranger when the sellers received the digital wallet keys not via a secure email, but on **USB drives** handed over in **Caracas**.
## Empty tankers and broken promises
With the payment supposedly made, the Polish company sent its tankers to collect the goods. However, the ships were met with the unpleasant surprise of being ignored by the Venezuelans. Meanwhile, the empty tankers remained off the coast, waiting for a response that, it seems, never came. The operation, which was supposed to be a perfect deal, has turned into a financial nightmare amounting to **$230 million** lost.
## A deal on the high seas
The story sounds like a movie, but it seems it really peine. A Polish energy company struck a deal on a yacht in **Abu Dhabi** to secure **6 million barrels of oil**. The agreed price was **$345 million**. The crux of the matter, and where things apparently went wrong, was the method of payment.
Due to existing sanctions, the money was channelled through cryptocurrencies. Things got even stranger when the sellers received the digital wallet keys not via a secure email, but on **USB drives** handed over in **Caracas**.
## Empty tankers and broken promises
With the payment supposedly made, the Polish company sent its tankers to collect the goods. However, the ships were met with the unpleasant surprise of being ignored by the Venezuelans. Meanwhile, the empty tankers remained off the coast, waiting for a response that, it seems, never came. The operation, which was supposed to be a perfect deal, has turned into a financial nightmare amounting to **$230 million** lost.
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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (2 replies).
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