Report: Two Venezuelan Men Arrested for Mining Bitcoin

Report: Two Venezuelan Men Arrested for Mining Bitcoin

According to a local report, two men in the city of Valencia, capital of the state of Carabobo, Venezuela were arrested by the Bolivarian Intelligence Service, the primary intelligence agency in Venezuela. The arrests were made few days ago, for mining bitcoin.

Earlier this week on Monday, an article was published on a state-owned media outlet in Venezuela, one which summed up bitcoin as a currency used by criminals and terrorist groups. The article was published by Corporación Venezolana de Televisión or VTV, a public network and state-owned broadcaster directly under the purview of the administration of the ministry of Popular Power for Communication and Information, in Venezuela.

The bottom line according to the article – bitcoin is a currency for cybercriminals and that terrorists and criminals were the “main advocates” of the cryptocurrency.

In what confirms the increasingly hardline stance by the Venezuelan government and authorities against Bitcoin and crypto and virtual currencies that pose a threat to fiat money, a report has surfaced that two Venezuelan men were arrested this week

Read more ... source: TheBitcoinNews

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