How Kontigo, a crypto startup from YC S24 that raised $20M+, helped move money in and out of Venezuela and now faces cutoffs from banks and payment networks (Ben Foldy/Wall Street Journal)

Ben Foldy / Wall Street Journal: How Kontigo, a crypto startup from YC S24 that raised $20M+, helped move money in and out of Venezuela and now faces cutoffs from banks and payment networks  —  Cryptocurrency fintech Kontigo, which recently raised $20 million from Coinbase and others, is under fire for its role in helping Venezuelans avoid sanctions

Feb 2, 2026 - 09:00
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How Kontigo, a crypto startup from YC S24 that raised $20M+, helped move money in and out of Venezuela and now faces cutoffs from banks and payment networks (Ben Foldy/Wall Street Journal)

Ben Foldy / Wall Street Journal:
How Kontigo, a crypto startup from YC S24 that raised $20M+, helped move money in and out of Venezuela and now faces cutoffs from banks and payment networks  —  Cryptocurrency fintech Kontigo, which recently raised $20 million from Coinbase and others, is under fire for its role in helping Venezuelans avoid sanctions

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