Quote from: Q.E.D. on March 01, 2018, 03:27:16 AM

Quote from: HabBear on February 25, 2018, 06:20:17 PM

Quote from: denis-z12 on February 24, 2018, 08:24:54 PM

I read about this the other day and decided to post the warning here. It is a warning to US investors!

Unless you're the United States PresidenTrump or the United States Secretary of State you'll need to provide an article or source for such information, for us to believe you, that is.

Pics...err facts or it didn't happen!

Seriously, where did you obtain this information?

Quote from: jseverson on February 25, 2018, 03:15:47 AM

Because of the current US sanctions against Venezuela. As I understand it, no US institution can lend any money to Venezuela, and buying their crypto could be construed as such. It's up to the courts to decide, of course, but they're warning people anyway to avoid potential legal consequences. US citizens could still do as they please and "invest", but at their own risk.

If it's not yet decided in the courts than US citizens can continue to conduct business with Venezuelan exchanges until the point at which the US Courts declare such activity illegal.

A better question - what major crypto currency exchange operates out of Venezuela? Name one!

Unless somebody already posted the same, I'm guessing it came from here https://www.reddit.com/r/CryptoCurrency/comments/7zfp9p/this_needs_to_be_said_if_you_are_a_us_resident_or/.

Summer Wylie

Washington Post also issued a warning about Petros
https://www.washingtonpost.com/news/monkey-cage/wp/2018/02/26/bitcoin-move-over-theres-a-new-cryptocurrency-in-town-the-petro/?utm_term=.36dfa5f238c6