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How Kontigo, a crypto startup from YC S24 that raised $20M+, helped move money in and out of Venezuela and now faces bank and payment network service cutoffs

Cryptocurrency fintech Kontigo, which recently raised $20 million from Coinbase and others, is under fire for its role in helping Venezuelans avoid sanctions

Wall Street Journal Ben Foldy

Discussion

  • @glcarlstrom Gregg Carlstrom on x
    America: we're going to use sanctions as a primary geopolitical tool Also America: we're going to lean hard into a technology whose primary use case is sanctions-busting https://www.wsj.com/...