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RE: The End of Chavismo - Part 8 - The Struggle of Political Prisoners

in Deep Dives3 months ago (edited)

Blocktrades substantial stake has voted Valueplan over the Return Proposal, with some little assistance, and has immense stake in Hive which enough folks pander to that allows him to determine what flies in Valueplan and what doesn't. I have confronted principals of Valueplan regarding credible allegations of theft by fraud, and despite my firm request for receipts, was flatly denied. It strikes me that Venezuela being proscribed by sanctions makes funds there of casual discretion, as there are good reasons not to run afoul of international sanctions folks receiving funds from abroad are well aware of. All my complaints and appeals seemed to fall mostly on deaf ears, and I have not voted for any proposals other than the Return Proposal since.

There have been additional allegations that there were onchain routes by which funds could be sent to Valueplan principals instead of being spent per public statements, so it's possible that kickbacks of the significant sums allowed Valueplan resulted from the complete absence of requirement to do any accounting whatsoever, but those routes being public caused them to be unused for such purposes thereafter, at least. Last year or so I responded to the Valueplan proposal for DHF funding that I would not ever again vote for any proposal that did not commit to using GAAP (generally accepted accounting procedures, basically double entry bookkeeping) and regularly provide such accounting.

Eventually the Hive price crashed and here we are.