Inside the $230 Million Crypto Scam That Derailed Poland’s Venezuelan Oil Deals
September 17, 2026
A high-stakes attempt by Poland's largest energy company to secure Venezuelan crude unraveled into a $230 million loss after executives authorized cryptocurrency payments via physical USB drives to elusive intermediaries.
Poland Energy Giant Loses $400 Million in Venezuelan Oil Deal Involving Cryptocurrency
September 16, 2026
Poland's state-backed energy giant Orlen lost $400 million after a Swiss subsidiary made cryptocurrency advance payments for Venezuelan crude oil that was never delivered.