Venezuela’s National Faces 20 Years Lock-up in U.S.

TL;DR:

The United States law enforcement agencies, led by the FBI, have charged a Venezuelan national with conspiracy to launder money. The Department of Justice will sentence Jorge Figueira, a 59-year-old, for enabling a transnational criminal syndicate launder $1 billion with the help of crypto.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence UNI price action and market sentiment in the near term.