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Crypto’s ‘pay-to-play’ problem resurfaces in Wolf of All Streets podcast accusations

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Synonym CEO John Carvalho has shared a screenshot of an alleged email conversation that he says shows a representative of Wolf of All Streets host Scott Melker offering him an appearance on the podcast in return for $20,000. “They asked me to be on their retarded show, and then to pay $20k for it,” he said. Melker, who is also co-host of the Crypto Town Hall on X, and a listed crypto expert for  TheStreet Roundtable , has more than 1 million followers on X and has previously been named the 2020 Binance Influencer of the Year and included in the Cointelegraph Top 100 Notable People in Blockchain in 2021 list. Carvalho, who is perhaps best known for his interview of Bitcoin.com CEO Roger Ver during Bitcoin’s block size war, shared more screenshots of the alleged email conversation with  Protos . In these screenshots, the representative asked if Carvalho was “in the market for major influencer coverage.” In his alleged response, Carvalho said he would be open to an inter...

Venezuela had crypto for buying jet fuel, now its president has lost his plane

Venezuelan President Nicolás Maduro, who once made it law to buy plane fuel with the country’s now-defunct Petro crypto token, has had his own jet seized by the US. The US Justice Department says the seized Falcon 900EX plane was illegally purchased for $13 million and allegedly acquired through a Caribbean-based shell company, resulting in a possible breach of US export control and sanctions laws. Venezuela is reportedly considering taking legal action against the seizure and has called it an act of “piracy.” The country’s Foreign Minister, Yván Gilminster, said that the US is justifying itself, “with the coercive measures that they unilaterally and illegally impose around the world.” Maduro’s Petro token was shuttered this year In January 2024, Petro, Maduro’s state-created crypto, was shut down and all holdings were liquidated . The token was decreed in 2020 to be the mandatory currency when purchasing jet fuel for international flight...