Kontigo: Y Combinator’s Venezuelan Sanctions Evasion Startup

Kontigo: Y Combinator's Venezuelan Sanctions Evasion Startup

Y Combinator-backed fintech startup Kontigo is allegedly involved in sanctions evasion related to Venezuela's Maduro regime, with JPMorgan serving as an on-ramp for users of a regime-linked cryptocurrency company. The investigation reveals connections between Silicon Valley venture capital, stablecoins, and potential financial crime.