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October 24, 2026
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A Fraud: Venezuela’s National Assembly Declares Petro Unconstitutional

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A Fraud: Venezuela’s National Assembly Declares Petro Unconstitutional

Venezuela’s Assemblea Nacional [National Assembly] recently declared it believes the country’s oil-backed cryptocurrency, the Petro (PTR) is unconstitutional. Through a public statement, the lawmakers denounced the cryptocurrency as a fraud, and a threat to those who invest in it. In the public statement, the lawmakers criticized the cryptocurrency’s token sale in general, which reportedly already … Continued

The post A Fraud: Venezuela’s National Assembly Declares Petro Unconstitutional appeared first on CCN

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