Venezuela Claims $60 Billion in Bitcoin, Evidence Lacking
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Asset Claims: Venezuela allegedly claims to hold $60 billion in Bitcoin, yet only 240 BTC have been verified in official wallets, raising skepticism about the country's crypto assets.
- Market Impact: This rumor could influence perceptions of Venezuela's financial state, but the lack of concrete evidence has kept the market stable.
- Expert Doubts: Blockchain analysis experts argue that if Venezuela truly holds such a large amount of Bitcoin, it would be nearly impossible to avoid tracking, demanding strong evidence to support the claim.
- Transparency Comparison: Unlike El Salvador's transparent BTC purchases, Venezuela's alleged holdings lack blockchain data support, highlighting the dubious nature of its asset claims.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






