⚠️ URGENT UPDATE

What seemed like a simple bank freeze has just turned into one of the biggest fintech scandals of 2026.

A new research report published by Fintech Biz Weekly (Jason Mikula) has revealed alarming alleged connections behind the Venezuelan app Kontigo. If you have funds stuck or use P2P, you must read this.

🔍 THE REPORT'S REVELATIONS:

According to the recently published investigation, the Kontigo crisis is not due only to "maintenance" or "hacking," but to much deeper underlying problems:

1️⃣ Links to Sanctions: The report claims Kontigo may have functioned as a sanctions evasion tool. Persistent rumors, cited in the investigation, directly link the company to the regime, even mentioning the son of Nicolás Maduro.

2️⃣ The "Hack" Excuse: It's suggested that the recent "hack" narrative (occurring days after key geopolitical events in January 2026) could be a smoke screen to hide the asset freeze by U.S. authorities.

3️⃣ Major Players Involved: What's surprising is who put in the money. Global-tier investors such as Y Combinator, Coinbase Ventures, and DST Global injected capital into the app.

👀 Fact: Tom Blomfield (former CEO of Monzo and YC partner) led the relationship, raising serious questions about the "Due Diligence" (audit) conducted by these Silicon Valley giants.

🏦 WHY WAS EVERYTHING FROZEN?

Kontigo used top-tier banking infrastructure providers in the U.S., including JPMorgan Chase, Stripe, and Lead Bank. When compliance alarms were triggered due to potential political connections, these banks reportedly cut access, leaving users' funds in limbo.

🚨 BINANCE USERS ALERT:

The ripple effect has reached our ecosystem. Binance is reportedly issuing active warnings to users in Latin America:

🔹 Do not transact with Kontigo wallets in P2P.

🔹 Using sanctioned or investigated entities may put your own Binance account at risk.

Recommendation: Avoid any P2P trading involving transfers to or from Kontigo accounts until the legal situation is clarified.

💡 CONCLUSION:

This case exposes the fragility of connecting the crypto world with traditional banking in high-risk jurisdictions. While major investment funds (VCs) might lose an investment, Venezuelan users are once again seeing their savings at risk.

🗣️ OPEN DEBATE: Do you think Coinbase and Y Combinator were aware of these alleged connections, or was it negligence? Will users be able to recover their money?

#kontigo #venezuela #crypto #BinanceSquareFamily #ScamAlert $USDC