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Orlen lost up to $230M trying to buy Venezuelan oil with crypto
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Orlen lost up to $230M trying to buy Venezuelan oil with crypto

According to a Financial Times investigation, Poland lost up to $230 million (over 865 million zloty) in Orlen's attempt to purchase Venezuelan oil through cryptocurrency transactions. The deals involved transferring crypto access on USB drives handed to uncertain intermediaries in Venezuela. The affair reveals serious irregularities in the company's operations.

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