The Venezuelan Petroos received the Satoshi Nakamoto Award in Russia. Despite all the doubts and controversies surrounding the project, Venezuela's national cryptographer Petro recently received the Russian Crypto Money and Blockchain Union (RACIB) den Satoshi Nakamoto Award for his extraordinary contribution to the development of the Blockchain industry.

The award strengthens suspicions about participation of Russian authorities in Venezuela Petro project

The award ceremony was held in Russia and was attended by Venezuelan ambassador Carlos Rafael Faria Tortosa. At the award ceremony at the BLOCKCHEINF-2018 International Congress held at the World Trade Center and organized by the RACİB, there are twelve other winners in Petro, as well as in different categories. RACİB is active in Russia's Blockchain industry and has several members from the traditional and fintech sectors, including governments.

The award strengthens the suspicions about the involvement of Russian authorities in the project of Venezuelan Petroleum. Oleg Nikolaevich Ryazantsev, deputy minister of the Russian Federation's Industry and Trade Minister, reported in April that Venezuela had several venues for cooperation with the Latin American nation, including the adoption of Petro as a form of payment. The proposal was presented by Wilmar Castro, Vice President of the Venezuelan Economic Zone.

It is alleged that Putin is against direct assistance to Venezuela's crypto money project

A recently published report claims that Russian President Vladimir Putin is against direct assistance to Venezuela's crypto-money project. According to the report, Denis Druzhkov and Fyodor Bogorodsky are acting as mediators on the project.

According to information contained in a research report, Denis Druzhkov, one of two Russians who signed government agreements to help develop Petro, is CEO of a company called Zeus Trading. Denis Druzhkov was sentenced to a $ 31,000 fine by the Chicago Mercantile Exchange for doing business on three years due to fraudulent trading in futures. Another Russian citizen, Fedor Bogorodskiy, who has helped develop Petro, lives in Uruguay and is reportedly head of Aerotrading, a company with a single main page, without any company knowledge. The Russian government explained that the news that it supports Petro is unfounded.

Nicolas Maduro plans to release Petro Gold, a new crypto money

The Venezuelan Congress has already explained that Petro currency is illegal and unconstitutional. In addition, the National Assembly recently indicated that the crypto currency is a threat to fraud and potential investors.

US President Donald Trump showed that he is against Venezuelan Petro. He also signed a decree prohibiting Petro in the US. In addition, Venezuelan President Nicolas Maduro, according to a survey, may have misrepresented the miscalculations about the money collected during Petro's ICO. Despite all this, Nicolas Maduro insists on the project and even plans to release Petro Gold, a new crypto money.