Dash Community Troubles: People Accuse Project’s Merchant Team In Venezuela of Embezzlement


There is trouble brewing in Venezuela and I’m not even talking about the most recent international issues and controversies in the politics of the country. No, today I’m not here to talk about Maduro and Guaidó but about Dash’s community.

Dash is known for being huge in Venezuela. The economic crisis and the hyperinflation have led the country’s citizens to depend a lot on cryptocurrencies and, despite the existence of the nationally backed Petro, no cryptos are more popular than Bitcoin and Dash in Venezuela.

Now, there is trouble brewing in the community as the team of Dash Merchant Venezuela is being accused of embezzlement by the global community of the token and of providing fake data of salary payouts.

It all started when Dash Watch published a financial report for the last quarter of 2018. The report accused the local team of merchants set in the country, Dash Merchant Venezuela, to be supplying the database with false data regarding the payouts of their own salaries.

Dash Merchant Venezuela is currently responsible for the adoption of the token in the country and for the product there. It was reported that the fake data was sent because of the political situation in the country now, which is certainly very unstable.

If there is a point that cannot be contested about the Venezuelan team, though, is that they have been very successful on their main mission, which was to increase the adoption of Dash in the country among the economic turmoil.

However, the chances that embezzlement happened may harm the progress of the group as the international community might stop to support it and, without support, there is simply not a lot that the group will be able to make, which can drastically decrease the adoption of the token in the country.

The local community of vendors has publically apologized for the fake information and has affirmed that, from now, the Dash team will always send only the most accurate documents to the central. They have also affirmed that the only reason for sending fake information was for being afraid of the political situation and that this was a security measure, not an embezzlement try.

Despite the latest controversy, though, adoption is great in Venezuela and Dash is generally living a good time in the country and in the world. If the team is able to regain the trust of the international community, you can probably expect them to be well again.

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